17. The time-phased net requirements for the base assembly in a table lamp over the next six weeks are Week 1 3. 4 Requirements 335 200 140 440 300 200 The setup cost for the construction of the base assembly is $200, and the hold- ing cost is $0.30 per assembly per week. a. What lot sizing do you obtain from the EOQ formula? b. Determine the lot sizes using the Silver-Meal heuristic. c. Determine the lot sizes using the least unit cost heuristic. d. Determine the lot sizes using part period balancing. e. Compare the holding and setup costs obtained over the six periods using the poli- cies found in parts (a) through (d) with the cost of a lot-for-lot policy.
Permutations and Combinations
If there are 5 dishes, they can be relished in any order at a time. In permutation, it should be in a particular order. In combination, the order does not matter. Take 3 letters a, b, and c. The possible ways of pairing any two letters are ab, bc, ac, ba, cb and ca. It is in a particular order. So, this can be called the permutation of a, b, and c. But if the order does not matter then ab is the same as ba. Similarly, bc is the same as cb and ac is the same as ca. Here the list has ab, bc, and ac alone. This can be called the combination of a, b, and c.
Counting Theory
The fundamental counting principle is a rule that is used to count the total number of possible outcomes in a given situation.
Answer only sub parts d and e.
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