Question: 2. The time-phased net requirements for the base assembly in a table lamp over the next six weeks are The setup cost for the construction

 2. The time-phased net requirements for the base assembly in atable lamp over the next six weeks are The setup cost for

2. The time-phased net requirements for the base assembly in a table lamp over the next six weeks are The setup cost for the construction of base assembly is $200, and the holding cost is $0.30 per assembly per week (a) What lot sizing do you obtain from the EOQ formula? (b) Determine the lot sizes using the Silver-Meal heuristics. (c) Determine the lot sizes using the least unit cost heuristics. (d) Determine the lot sizes using the part period balancing. (e) Compare the holding and setup costs obtained over the six periods using the polices found in the aforementioned four methods with the cost of a lot-for-lot policy. (f) Use the Wagner-Whitin algorithm to determine the optimal lot size

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