Fairview Industries is preparing its aggregate plan for the second half of the year.The table below contains monthly demand estimates and working days per month.Complete the table by computing total demand,demand per day (for each month),and the average requirement (in units per day)over the six-month planning horizon.Prepare a graph of forecast demand and level production,by months,for the planning period.Label your graph carefully.
Definitions:
Manufactured Goods
Items that have undergone a transformation process, turning raw materials into finished products through manual labor or machinery.
Software Development
The process of conceiving, specifying, designing, programming, documenting, testing, and fixing bugs involved in creating and maintaining applications, frameworks, or other software components.
Comparative Advantage
The ability of an entity to produce goods or services at a lower opportunity cost than others, leading to more efficient trading possibilities.
India
A country in South Asia, known for its diverse culture, historical heritage, and as the world's largest democracy.
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