Question: c . Section 9 . 4 , # 1 7 ( page 5 3 1 ) The time - phased net requirements for the base

c. Section 9.4, #17(page 531)
The time-phased net requirements for the base assembly in a table lamp over the next six weeks are listed below.
The setup cost for the construction of the 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?
D = Total Demand =335+200+140+440+300+200=1615
S = Set up Cost =200
H = Holding Cost =0.30
EOQ =(2DS/H)=((2*1615*200)/0.30)=1467.42
b. Determine the lot sizes using the Silver-Meal heuristic.
c. Determine the lot sizes using the least unit cost heuristic (see Appendix 9-A).
d. Determine the lot sizes using part-period balancing (see Appendix 9-A).
e. Compare the holding and setup costs obtained over the six periods using the policies found in parts (a) through (d) with the cost of a lot-for-lot policy.

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