The following information is available for a firm to compute the monthly production, ending inventory or backlog, and workforce level. A worker is capable of producing 100 units per month. Assume the beginning inventory as of January is 0, and the firm desires to have 0 inventory at the end of June.
a. Suppose a chase production strategy is used. Please compute the monthly demand, ending inventory or backlog, and number of workers for each month.
b. Suppose a level production strategy is used. Please compute the monthly demand, ending inventory or backlog, and number of workers for each month.
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