Prepared forecast of expected aggregate demand

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A manager has prepared a forecast of expected aggregate demand. Develop an aggregate plan that assumes: A level production rate, back orders are allowed and are charged at the rate of $10 per unit per month, inventory holding costs are $3 per unit per month in average inventory, regular time cost if $8 per unit and beginning inventory is zero. Show the aggregate plan and determine the cost of this plan. Month Forecast 1 180 2 180 3 180 4 230 5 240 6 190. Perform in excel and show formulas.

Reference no: EM132239314

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