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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
