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level template completed - Average Inventory is simply...

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Required daily output 40 Inventory Carrying Co $15.00 Period 1 2 3 4 5 6 Total Demand 800 900 1000 1050 890 875 5515 Work Days 23 24 23 24 22 23 139 Monthly Output 920 960 920 960 880 920 5560 Beginning Inventory 0 120 180 100 10 0 Ending Inventory 120 180 100 10 0 45 Average Inventory 60 150 140 55 5 22.5 Carrying Cost $900 $2,250 $2,100 $825 $75 $338 $6,488 Monthly output is required daily output times number of work days Required output is total needed in year divided by,,,see text and templates for further info Make sure that you have the correct number of employees from the chase demand to produce the c
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Unformatted text preview: Average Inventory is simply beginning inventory plus ending inventory divided by 2 You should post the completed sheets into your memo Add up number of units demanded for total Add up number of work days Add up monthly outputs Beginning inventory is equal last periods ending inventory Carrying cost is equal to average inventory times per unit carrying cost correct output, you might have hiring/firing costs also to get to correct amount of output...
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This note was uploaded on 11/13/2010 for the course BUS BUS 335 taught by Professor Griffin during the Fall '07 term at Peru State.

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level template completed - Average Inventory is simply...

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