Month#JanFebMarAprMayJuneForecast#180015001100150021001600NameLabor hours per unit (hr/unit)Initial number of workersSafety Stock (units)Working hours in a day(hr/day)Beginning inventory(units)Value53009450Month#JanFebMarAprMayJuneWorking Days available212121212119The tables present forecasts, production, and cost information for aggregate planning. Using a level strategy with backorders to produce at average demand,now many workers are required each month? (Round up the calculated number of workers to the nearest whole number, and round the production rate to the nearest whole number

Workforce level remains same during the entire forecast periodInventory usedBacklogs can…

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Contemporary Marketing

18th Edition

ISBN:9780357033777

Author:Louis E. Boone, David L. Kurtz

Publisher:Louis E. Boone, David L. Kurtz

Chapter14: Pricing Strategies

Section14.2: Forecasting Demand

Problem 1LO

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