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Consider the Estimated Aggregate Demand for a Company's Ski Product

question 93

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Consider the estimated aggregate demand for a company's ski product line for the upcoming year in the following table.Calculate the total costs for the month of March using the level production strategy.Assume the regular time production cost as $200/pair of skis,and the average monthly inventory holding cost is $20/pair of skis per month.  Month  Demand  (in pairs  of unit)   Month  Demand  (in pairs  of units)   J an 8,000 J uly 1,000 Feb 7,000 Aug 1,300 Mar 5,000 Sept 2,000 Apr 4,000 Oct 3,000 May 2,000 Nov 5,700 J une 2,000 Dec 7,000\begin{array} { | c | c | c | c | } \hline \text { Month } & \begin{array} { c } \text { Demand } \\\text { (in pairs } \\\text { of unit) }\end{array} & \text { Month } & \begin{array} { c } \text { Demand } \\\text { (in pairs } \\\text { of units) }\end{array} \\\hline \text { J an } & 8,000 & \text { J uly } & 1,000 \\\hline \text { Feb } & 7,000 & \text { Aug } & 1,300 \\\hline \text { Mar } & 5,000 & \text { Sept } & 2,000 \\\hline \text { Apr } & 4,000 & \text { Oct } & 3,000 \\\hline \text { May } & 2,000 & \text { Nov } & 5,700 \\\hline \text { J une } & 2,000 & \text { Dec } & 7,000 \\\hline\end{array}

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Definitions:

Habitat Islands

are patches of a particular type of habitat, such as forests or wetlands, isolated from one another by contrasting habitats, like urban or agricultural areas.

National Parks

Protected areas designated for the conservation of natural environments, biodiversity, and cultural heritage, and for public enjoyment.

Inbreeding

The breeding of closely related individuals, often leading to an increase in genetic disorders and a decrease in biodiversity.

Special Concern

A status indicating that a species or environment needs careful attention or consideration due to potential threats to its well-being or survival.

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