A Firm Produces Two Models of Pagers, Products a and B

question 40

Essay

A firm produces two models of pagers, products A and B, on a produce-to-stock basis and is trying to develop a master production schedule for its operation. Safety stock is 30 for product A and 20 for product B. Fixed lot sizes are 70 for product A and 40 for product B. The beginning inventories are 30 for A and 30 for B. The demand for these products comes from many different sources, but the total weekly demand for each of the next six weeks is given as follows:
$\begin{array}{|l|l|l|l|l|l|l|}\hline & \text { Week } & & & & & \\\hline \text { Product } & 1 & 2 & 3 & 4 & 5 & 6 \\\hline \text { A } & 60 & 30 & 50 & 60 & 70 & 60 \\\hline \text { B } & 50 & 20 & 40 & 30 & 30 & 40 \\\hline\end{array}$
a.What is the production quantity for Product A for Week 3?
b.What is the ending inventory for Product A for Week 3?
c.What is the production quantity for Product B for Week 5?
d.What is the beginning inventory for Product B for Week 5?

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Definitions:

Tax Laws

Legal regulations related to the assessment and collection of taxes by the government.

White-collar Deviance

Illegal or unethical acts committed by individuals in professional occupations during the course of their employment.

Unwittingly

Unwittingly means doing something without being aware of all the facts or without intending to cause a particular result.

Ignorance

The lack of knowledge, understanding, or awareness about something.