Question: The time-phased net requirements for the base assembly in a table lamp over the next five weeks are Week 1 2 3 4 5 Requirements

The time-phased net requirements for the base assembly in a table lamp over the next five weeks are

Week

1

2

3

4

5

Requirements

10

3

0

26

23

If K= $30 and h=$1 , find the lot sizes suggested by the EOQ, LUC, and Part Period Balancing heuristics. Which heuristic provides the best solution?

Solve this problem using the Wagner-Whitin algorithm? How much better is this solution than the best heuristic from part a?

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