Question: Clear answer will be appreciated. Chapter 5, Inventory and Production Management in Supply Chains Edition 4 by Edward A. Silver, David F. Pyke and Douglas

 Clear answer will be appreciated. Chapter 5, Inventory and Production Management

Clear answer will be appreciated. Chapter 5, Inventory and Production Management in Supply Chains Edition 4 by Edward A. Silver, David F. Pyke and Douglas J. Thomas.

5.6' Consider an item with the following declining demand pattern: Period 1 2 3 4 5 6 7 8 9 10 Demand 600 420 294 206 145 101 71 50 35 25 Period 11 12 13 14 15 16 17 18 19 20 Demand 17 12 9 6 5 3 2 2 1 1 There is no further demand after period 20. A = $50 v= $2.50/unit r= 0.02 $1$/period Perform an analysis similar to that of Problem 5.4, but consider only the following cases: a) The Silver-Meal Heuristic (SM) b) The Least-Unit-Cost Heuristic (LUC) c) Heuristic 2 (H2) of Bookbinder and Tan (1985) d) The Wagner-Whitin Algorithm (WW)

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