Question: Solve the following dynamic lot sizing problem: determine the order/production quantity in each period and the level of inventory at the end of each period,
Solve the following dynamic lot sizing problem: determine the order/production quantity in each period and the level of inventory at the end of each period, using the following policies - EOQ - Silver-meal heuristic - Part-period balancing - Wagner-Whitin procedure
The demand over the six-month horizon is (20,40,50,30,10,30). The order setup cost is $100, if the order is placed in the first three months, and the order setup cost is $150 if the order is placed in the last three months. The holding cost per unit per month is $2.
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