Question: A small bakery and candy maker has orders for the next 6 weeks and from them can estimate his sugar consumption for each week. Beginning

A small bakery and candy maker has orders for the
A small bakery and candy maker has orders for the
A small bakery and candy maker has orders for the next 6 weeks and from them can estimate his sugar consumption for each week. Beginning inventory is 30 units. The demand pattern is as follows: Week Gross requirements Week Gross requirements 1 50 4 20 2 10 5 0 3 60 6 80 The cost of getting the sugar from the warehouse in his van is $10 a time. The storage cost (holding) is 50 cents per kilogram per week. The price of the sugar is $1 per kilogram. Determine the order sizes by the Silver-Meal algorithm. Provide the ordering schedule and cumulative variable costs in a table format just like seen in this module. 2 3 4 5 Period Demand Order Quantity Cumulative Variable Cost Before Cost Ordering Cost Inventory Cost Total Cost

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