Question: Problems 4.8 Andrew McGregor forecast weekly demand for MP411 pumps as follows: Week Demand 1 1 2 6 3 10 4 21 5 18 6

Problems 4.8 Andrew McGregor forecast weekly

Problems 4.8 Andrew McGregor forecast weekly demand for MP411 pumps as follows: Week Demand 1 1 2 6 3 10 4 21 5 18 6 7 7 4 8 3 9 2 10 4 11 15 Week Demand 12 27 13 38 14 51 15 40 16 22 17 12 18 8 19 6 20 7 21 2 22 3 Each pump costs 80, it costs 800 to place an order and get delivery, and holding cost is 20% of value a year. Design a reasonable ordering policy for the pump. How much does this cost a year? Problems 4.8 Andrew McGregor forecast weekly demand for MP411 pumps as follows: Week Demand 1 1 2 6 3 10 4 21 5 18 6 7 7 4 8 3 9 2 10 4 11 15 Week Demand 12 27 13 38 14 51 15 40 16 22 17 12 18 8 19 6 20 7 21 2 22 3 Each pump costs 80, it costs 800 to place an order and get delivery, and holding cost is 20% of value a year. Design a reasonable ordering policy for the pump. How much does this cost a year

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