Question: Consider an item with the following deterministic, time - varying pattern: Week 1 2 3 4 5 6 Demand 5 0 8 0 1 8

Consider an item with the following deterministic, time-varying pattern:
Week 123456
Demand 508018080130120
Week 789101112
Demand 18015010100180130
Suppose the pattern terminates at week 12. Other relevant parameters are:
2
1. Inventory carrying cost is 0.2 $/unit/week (note this the same as
p
vr
where v is the cost per unit and
p
r
is cost in dollars of carrying one dollar
worth of inventory through one week ). We assume that the carrying cost
is incurred only on the units carried over from one week to the next.
2. Fixed cost per replenishment is $50.
3. Initial inventory is 60 units. Also, the lead time for the item is 2 weeks.
4. There is a scheduled receipt for the item m in week 2(i.e. at the beginning of
week 2) of 75 units.
Plan just the immediate replenishment (i.e., plan just one inventory cycle) using
the lot-size rules listed below. Present your plan in a time-phased (i.e., MRP)
table showing the immediate inventory cycle for each rule (no need to redraw the
table if the current rule gives a Q that is the same as in an earlier table).
Fixed lot size of (adjusted) EOQ
Least unit cost
Silver-meal heuristic (least cost per period)
Fixed cycle time of (adjusted) TEOQ.
Part-period balance

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