Problem 3: Schedule based on POQ and give the POQ period (show your calculation for POQ)...
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Problem 3: Schedule based on POQ and give the POQ period (show your calculation for POQ) and costs. Round up for PoQ. Use EOQ calculated in problem 2. Ignore demand of week 1 and 2 for period look up and order release as we have 25 inventory. But first order release happens in week 1 because Lead Time is 2 considering the net demand (net requirement) of week 3 onward. Always look to release orders 2 weeks ahead due to lead time. No overlaps. Once you look for the demands of the periods based on PoQ, then order even if the first week demand is zero demand (This will add holding cost, but that is our assumption) Lead Time = 2 weeks POQ= . Setup cost = 300 $ Holding cost= Setup cost= 15 $ per week per unit 30 $ perweek Holding Cost= Stockout cost= Stockout cost = Total= Period: 1 2 3 4 6 8 10 15 25 10 20 25 15 Gross requirement On hand begin of period On hand end of period Net requirement Planned order receipt Planned order release Stockout 20 Problem 3: Schedule based on POQ and give the POQ period (show your calculation for POQ) and costs. Round up for PoQ. Use EOQ calculated in problem 2. Ignore demand of week 1 and 2 for period look up and order release as we have 25 inventory. But first order release happens in week 1 because Lead Time is 2 considering the net demand (net requirement) of week 3 onward. Always look to release orders 2 weeks ahead due to lead time. No overlaps. Once you look for the demands of the periods based on PoQ, then order even if the first week demand is zero demand (This will add holding cost, but that is our assumption) Lead Time = 2 weeks POQ= . Setup cost = 300 $ Holding cost= Setup cost= 15 $ per week per unit 30 $ perweek Holding Cost= Stockout cost= Stockout cost = Total= Period: 1 2 3 4 6 8 10 15 25 10 20 25 15 Gross requirement On hand begin of period On hand end of period Net requirement Planned order receipt Planned order release Stockout 20
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Answer rating: 100% (QA)
EOQ 25 Da Average Demand Average of 1015 20 15 1555 Time between orders TBO EOQDa 251555 1607 or 2 w... View the full answer
Related Book For
Economics
ISBN: 978-0073375694
18th edition
Authors: Campbell R. McConnell, Stanley L. Brue, Sean M. Flynn
Posted Date:
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