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, timevarying pattern:
Week
Demand
Week
Demand
Suppose the pattern terminates at week Other relevant parameters are:
Inventory carrying cost is $unitweek 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.
Fixed cost per replenishment is $
Initial inventory is units. Also, the lead time for the item is weeks.
There is a scheduled receipt for the item m in week ie at the beginning of
week of units.
Plan just the immediate replenishment ie plan just one inventory cycle using
the lotsize rules listed below. Present your plan in a timephased ie 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
Silvermeal heuristic least cost per period
Fixed cycle time of adjusted TEOQ.
Partperiod balance
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