Given the Forecast and Booked Orders Shown in the Table

question 60

Essay

Given the forecast and booked orders shown in the table, and a beginning inventory of 12, complete this master production schedule. The company operates with a lot size of 144.
$$\begin{array} { | l | c | c | c | c | c | c | } \hline \text { Period } & 1 & 2 & 3 & 4 & 5 & 6 \\\hline \text { Forecasted Demand } & 268 & 355 & 480 & 660 & 840 & 900 \\\hline \text { Booked Orders } & 520 & 400 & 325 & 450 & 420 & 300 \\\hline \text { Projected ending inventory } & & & & & & \\\hline \text { Master production schedule } & & & & & & \\\hline \text { Available to Promise } & & & & & & \\\hline\end{array}$$

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Definitions:

Top Management

Top management refers to the highest level of executives and decision-makers in an organization, responsible for determining strategy and direction.

Top Management Support

Refers to the commitment and aid provided by the highest level of an organization's management, crucial for the successful implementation of projects and strategic initiatives.

Budgeting Process

The process of creating a plan for the allocation of resources, typically involving projected revenue and expenses.

Starting Point

The initial position or phase from where a process, project, or calculation begins.