The gross requirements for item A are specified for the beginning of weeks 1 through 12 in the table that follows. Item A, Level 0 01 02 03 04 05 06 07 08 09 10 11 12 Gross O 00 64 0 o 64 o 57 o 67 0 21 o 49 0 21 0 49 requirements. Projected on hand ? ? ? ? ? 84 ? ? ? ? ? ? Net ? ? ? ? ?? ? ? ? ? Requirements ? ? ? ??? ?? ? Planned ? ? ? ?? ? order release The lead time is 2 weeks. The current on hand inventory, at the beginning of Week 1 is 84 units. For a lot-for-lot scheduling policy, determine the total cost for the 12 week period when the ordering cost is $45 per order and the holding cost is $4 per unit per week. Assume that inventory cost applies if units are on hand at the beginning of the week. Report the total cost as a whole number with no commas. Answer:
The gross requirements for item A are specified for the beginning of weeks 1 through 12 in the table that follows. Item A, Level 0 01 02 03 04 05 06 07 08 09 10 11 12 Gross O 00 64 0 o 64 o 57 o 67 0 21 o 49 0 21 0 49 requirements. Projected on hand ? ? ? ? ? 84 ? ? ? ? ? ? Net ? ? ? ? ?? ? ? ? ? Requirements ? ? ? ??? ?? ? Planned ? ? ? ?? ? order release The lead time is 2 weeks. The current on hand inventory, at the beginning of Week 1 is 84 units. For a lot-for-lot scheduling policy, determine the total cost for the 12 week period when the ordering cost is $45 per order and the holding cost is $4 per unit per week. Assume that inventory cost applies if units are on hand at the beginning of the week. Report the total cost as a whole number with no commas. Answer:
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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