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$75 $15 1 $20 Materials = Holding costs = Marginal cost of backorder = Hiring and training cost = Layoff costs = Straight tim

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Answer #1

Below is the production schedule -

Month Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
Beginning Inventory 2200 2300 4550 11050 16850 17700 17200 10300 2700 -850 -2750 -1250
Demand 15400 13250 9000 9700 14650 16000 22400 23100 19050 17400 14000 12300 186250
Worker Required 155 155 155 155 155 155 155 155 155 155 155 155
Monthly Production 15500 15500 15500 15500 15500 15500 15500 15500 15500 15500 15500 15500
Ending Inventory 2300 4550 11050 16850 17700 17200 10300 2700 -850 -2750 -1250 1950

From above below is the answer to the question asked -

1) 155

2) 15500

3) -850

Below is the screenshot of the formula applied -

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