Question: In the table below is a production schedule for a manufacturer. James have been hired on to figure out the optimal 6 month production schedule
In the table below is a production schedule for a manufacturer. James have been hired on to figure out the optimal 6 month production schedule using the Wagner-Whitin Algorithm. Explain the rationale behind the answer you found and what is the most dominant variable in your calculations? please send calculations with its formula on excel
| Period (t) | 1 | 2 | 3 | 4 | 5 | 6 |
| Demand (Dt) | 1000 | 300 | 500 | 200 | 800 | 1000 |
| Unit Cost (ct) cost per unit | 21 | 21 | 21 | 21 | 21 | 21 |
| Setup Cost / ordering cost(At) | 326 | 326 | 326 | 326 | 326 | 326 |
| Holding Cost (ht) | 54 | 54 | 54 | 54 | 54 | 54 |
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