After careful planning, Nelson Manufacturing Corporation has decided to switch to a just-in-time inventory system. At the beginning of this switch, Nelson has 30 units of product in inventory. Nelson has 2,000 labour hours available in the first month of this switch. These hours could produce 500 units of product. Customer demand for this first month is 400 units. If just-in-time principles are correctly followed, how many units should Nelson plan to produce in the first month of the switch?
A) 370
B) 400
C) 430
D) 470
E) 500
Correct Answer:
Verified
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