Question: for the wagner-whitin algorithm following data is to be considered. Demand for 12 months period is 69, 29, 36, 61, 61, 26, 34, 67, 45,
for the wagner-whitin algorithm following data is to be considered. Demand for 12 months period is 69, 29, 36, 61, 61, 26, 34, 67, 45, 67, 79, 56 respectively. setup cast for 12 month is 85, 102, 102, 101, 98, 114, 105, 86, 119, 110, 98, 114 respectively. Inventory carrying charge in Rs 1/per item carried for one in for first 6 months; and is Rs 1.5/ per item for last 6 months. find optimal lot sizing schedule. assume ending inventory for 12th month equal to zero.
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