Cumulative demand and level aggregate production plan

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Reference no: EM132178633

Razzaghi Motorsports has a demand forecast for the new sportscar the Machine Learner for the first three months of next year:

Table 2: Razzaghi ML Model demand for first three months of 2019

January | 600 ML sportscars

February | 250 ML sportscars

March | 900 ML sportscars

Razzaghi Motorsports will have 100 ML sports cars in stock as of December 31.

a) Plot the cumulative demand and a level aggregate production plan with no back orders and no ending inventory.

b) What production is needed each month to meet part a’s conditions?

c) Suppose any left-over cars at the end of the month cost $1000 per month in storage and inventory costs. Assume the start up inventory is not part of the calculation. Should we make any changes to our plan? Explain your answer.

Reference no: EM132178633

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