Question: please solve it complete with in 30 minutes I will upvote you 1. Amanufacturing facility orders high-strength bolts from an outside supplier. The demand for

please solve it complete with in 30 minutes I will upvote you
1. Amanufacturing facility orders high-strength bolts from an outside supplier. The demand for bolts is high, since they are used in a variety of end products manufactured at the facility. Estimated demand (in thousands) over the next 10 weeks is: Week 1 2 3 4 5 6 7 8 9 10 Demand 22 34 32 12 8 44 54 16 76 30 The bolts cost 65 cents each and the interest rate used to compute the holding cost is 0.5 percent per week. The fixed order cost is estimated to be $200. (Hint: Express has the holding cost per thousand units.) a. What ordering policy is recommended by the Silver-Meal heuristic? b. What ordering policy is recommended by the part period balancing heuristic? c. What ordering policy is recommended by the least unit cost heuristic? d. Which method resulted in the lowest-cost policy for thisStep by Step Solution
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