A Firm Has 43 Units of a Certain Product on Hand.Forecasts

question 45

Multiple Choice

A firm has 43 units of a certain product on hand.Forecasts for the first two planning periods are 20 units each.A production quantity of 80 units is planned to be available in period 3.Customer orders are 22 for period 1 and 17 for period 2. What quantity is available for commitment to new customers prior to the receipt of the production quantity in week 3?

• A)21
• B)1
• C)20
• D)4
• E)12

---

Definitions:

Production Process

The series of operational stages in the manufacture of goods, from the acquisition of raw materials to the final product.

Analytic Production System

A system that uses analytical methods to optimize production and operational efficiencies.

Raw Materials

Basic materials from which products are made, including metals, plastics, textiles, and natural resources.

Short-term Contracts

Employment agreements with a limited duration, typically less than one year.