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

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 $1.53.

Week

Demand (units)

1 44
2 20
3 96
4 24
5 --
6 20
7 72

For the demand (net requirements) shown above, determine the quantity and timing of production runs using the part-period method. Produce units in week . Produce units in week . Produce units in week .

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