Question: help answer a,b Question 3 A given part has projected demand of (12,25,50,10,22) units over the next 5 periods. Setup costs are $60 and holding
Question 3 A given part has projected demand of (12,25,50,10,22) units over the next 5 periods. Setup costs are $60 and holding costs are $4.00 per part per period). a) Determine a production plan and total cost using the Silver-Meal method. b) Determine a production plan using least unit cost. Question 3 A given part has projected demand of (12,25,50,10,22) units over the next 5 periods. Setup costs are $60 and holding costs are $4.00 per part per period). a) Determine a production plan and total cost using the Silver-Meal method. b) Determine a production plan using least unit cost
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