A worker will produce 250 units each month. Beginning inventory for January is 5

Question

A worker will produce 250 units each month.

Beginning inventory for January is 500 units. The company’s safety stock level is 400 units.

1. Given the following production plan calculate (a) chase production plan and (b) level production plan. Compute the monthly production, ending inventory/ (backlog), and workforce levels A worker will produce 250 units each month. "Beginning inventory for January is 500 units. The company's safety stock level is 400 units Chase (15 points) Month Jan Feb Mar Apr May Jun Demand Production (6 pts) Ending Inventory (6 pts) Workforce (3 pts) 26,15029,45034,60038,85033,300 34,200 Level 10 points) Month Jan Feb Mar May Jun 26,15029,45034,60038,85033,300 34,200 Demand Production (2 pts) Ending Inventory (6 pts) Workforce (2pts)

Explanation / Answer

Solution :

Part A : Chase Plan

Part B : Level Plan

Month 1 2 3 4 5 6 Total Demand       26,150       29,450       34,600       38,850       33,300       34,200         1,96,550 Output Regular       26,250       29,250       34,750       38,750       33,250       34,250 Inventory Beginning             500             600             400             550             450             400 Ending             600             400             550             450             400             450 Backlog                -                  -                  -                  -                  -                  -   Workforce             105             117             139             155             133             137

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