A company periodically produces a part that is a basic component of an assembled product. Each time

Question:

A company periodically produces a part that is a basic component of an assembled product. Each time the part is run, a fixed cost of $125 is incurred. The cost to hold one unit for a week, is estimated to be $1.65. For the demand (net requirements) shown below, determine the quantity and timing of production runs using the part-period method.