Livingston Fabrication has created the following aggregate plan for the next five months: August September October Novem
Posted: Wed Apr 27, 2022 2:05 pm
Livingston Fabrication has created the following aggregate plan for the next five months: August September October November December Forecasted 1,500,000 1,500,000 2,000,000 3,000,000 500,000 Demand (units of finished goods): Production 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 Plan: Assume that Livingston will have nothing in inventory at the end of July. Livingston employs 1,000 production assembly workers and it takes one production assembly worker 5 minutes to assemble one unit of finished good. (The unit is complete at that point.) Each production assembly worker can provide 150 hours of assembly time a month without requiring overtime pay. Which of the following months will have the highest average inventory level?