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QUESTION

Use the completed Table below from your Worksheet Packet to answer the homework questions: For a level production plan, what is the inventory for the...

Use the completed Table below from your Worksheet Packet to answer the homework questions:

For a level production plan, what is the inventory for the month of August?

Quantum Corporation Aggregate Planning

Production Rate (units/wkr)

100

Reg. Wage Rate ($/case)

1000

Overtime limit (units)

300

Overtime Wage Rate ($/case)

500

Inventory Holding Cost ($/case)

1

Subcont. Rate ($/case)

Month

Demand

Regular Time Production

Inventory

No. of Workers

No. Hired

No. Fired

0

10

January

1000

February

200

March

200

April

400

May

400

June

500

July

900

August

400

September

1000

October

1500

November

2500

December

3000

100

400

10

4000

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