Question: PRACTICE PROBLEMS FOR LOT-SIZING HEURISTICS 1 The monthly demand for an item over six (6) months is 32, 19, 12, 15, 23, 12 units, respectively.

PRACTICE PROBLEMS FOR LOT-SIZING HEURISTICS 1 The

PRACTICE PROBLEMS FOR LOT-SIZING HEURISTICS 1 The monthly demand for an item over six (6) months is 32, 19, 12, 15, 23, 12 units, respectively. Using the lot-for-lot method, determine the total inventory cost if the holding cost is P1.5 per unit per month and the ordering cost is P40 per order. 2. The monthly demand for an item over six (6) months is 32, 19, 12, 15, 23, and 12, units respectively. Using the Part Period Balancing method, determine the total inventory cost if the holding cost is P1.5 per unit per month and the ordering cost is P40 per order. 3. The monthly demand for an item over six (6) months is 32, 19, 12, 15, 23, and 12, units respectively. Using the Silver-Meal method, determine the total inventory cost if the holding cost is P1.5 per unit per month and the ordering cost is P40 per order. 4. The monthly demand for an item over six (6) months is 32, 19, 12, 15, 23, and 12, units respectively. Using the least unit cost method, determine the total inventory cost if the holding cost is P1.5 per unit per month and the ordering cost is P40 per order. PRACTICE PROBLEMS FOR LOT-SIZING HEURISTICS 1 The monthly demand for an item over six (6) months is 32, 19, 12, 15, 23, 12 units, respectively. Using the lot-for-lot method, determine the total inventory cost if the holding cost is P1.5 per unit per month and the ordering cost is P40 per order. 2. The monthly demand for an item over six (6) months is 32, 19, 12, 15, 23, and 12, units respectively. Using the Part Period Balancing method, determine the total inventory cost if the holding cost is P1.5 per unit per month and the ordering cost is P40 per order. 3. The monthly demand for an item over six (6) months is 32, 19, 12, 15, 23, and 12, units respectively. Using the Silver-Meal method, determine the total inventory cost if the holding cost is P1.5 per unit per month and the ordering cost is P40 per order. 4. The monthly demand for an item over six (6) months is 32, 19, 12, 15, 23, and 12, units respectively. Using the least unit cost method, determine the total inventory cost if the holding cost is P1.5 per unit per month and the ordering cost is P40 per order

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