3. The requirements for a motor drive unit to be assembled into a dictating machine follow the assembly schedule for the completed unit. The assembly schedule requires motor drive units with the timing shown in Table 1. Other data for the motor drive unit are; average requirements are R = 116.7 units per week, cp = $400 per lot, and CH= $4 per unit per week. What is the inventory record and total incremental cost under each of the following lot size policies? a) Economic lot size b) Economic periodic reorder model c) Part-period total cost balancing Table 1 Requirements Schedule for a Motor Drive Unit Week number 1 2 3 4 5 6 25 30 75 125 Requirements, units 200 Total requirements for 12 weeks, 1390 units 7 8 9 10 11 12 325 400 100 0 100 0 100
3. The requirements for a motor drive unit to be assembled into a dictating machine follow the assembly schedule for the completed unit. The assembly schedule requires motor drive units with the timing shown in Table 1. Other data for the motor drive unit are; average requirements are R = 116.7 units per week, cp = $400 per lot, and CH= $4 per unit per week. What is the inventory record and total incremental cost under each of the following lot size policies? a) Economic lot size b) Economic periodic reorder model c) Part-period total cost balancing Table 1 Requirements Schedule for a Motor Drive Unit Week number 1 2 3 4 5 6 25 30 75 125 Requirements, units 200 Total requirements for 12 weeks, 1390 units 7 8 9 10 11 12 325 400 100 0 100 0 100
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Transcribed Image Text:3. The requirements for a motor drive unit to be assembled into a dictating machine follow
the assembly schedule for the completed unit. The assembly schedule requires motor
drive units with the timing shown in Table 1. Other data for the motor drive unit are;
average requirements are R = 116.7 units per week, cp = $400 per lot, and CH= $4 per unit
per week. What is the inventory record and total incremental cost under each of the
following lot size policies?
a) Economic lot size
b) Economic periodic reorder model
c) Part-period total cost balancing
Table 1 Requirements Schedule for a Motor Drive Unit
Week number
1 2 3 4 5 6
25 30 75 125
Requirements, units
200
Total requirements for 12 weeks, 1390 units
7
8
9
10
11
12
325
400
100
0 100 0
100
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