Question: Exercise 2: (40 points: 20 pts each) The time phased net requirements for the base assembly are given as follows. Setup cost is $300, and
Exercise 2: (40 points: 20 pts each) The time phased net requirements for the base assembly are given as follows. Setup cost is $300, and the holding cost is $0.50 per assembly per week. Week 1 2 3 4 5 6 Req 300 200 150 400 200 200 a. Determine the lot sizes using Silver Meal heuristic. (20 Points) b. Determine the lot size using least unit cost heuristic. (20 Points)
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