Worldwide Can-Openers, Inc., makes a family of two hand-operated can openers. The production plan is based on months. There are 4 weeks in this month. Opening inventory is 2000 dozen, and it is planned to increase that to 4000 dozen by the end of the month. The MPS is made using weekly periods. The forecast and projected available balance for the two models follow. The lot size for both models is 1000 dozen.
- Calculate the production plan (list quarterly production)
- Create an MPS (List when scheduled receipts will exist; what periods?)
- What is your projected available balance in Period 3?
