A goblet has a unit production cost of $50, an ordering cost per order of $100, and a holding cost fraction per period of .04. Complete the tables and determine the lot sizes by the Wagner-Within algorithm from the data below: Period Demand (units) Z 1 2 3 4 5 6 C 1 2 3 4 5 6 fe Period Demand (units) Order Quantity Cumulative Variable Cost 1 100 X X X X X 1 100 X X X X X 1 60 1 60 2 120 100 X X X X 2 120 200 X X X X 2 10 2 10 3 240 160 100 X X X 3 240 260 220 X X X 3 30 3 30 4 240 160 100 100 X X 4 240 260 220 320 X X 4 0 4 0 5 100 5 1040 760 500 300 100 X 5 1040 860 620 520 320 X 5 100 6 10 6 1140 6 1140 10

A goblet has a unit production cost of $50, an ordering cost per order of $100, and a holding cost fraction per period of .04. Complete the tables and determine the lot sizes by the Wagner-Within algorithm from the data below: Period Demand (units) Z 1 2 3 4 5 6 C 1 2 3 4 5 6 fe Period Demand (units) Order Quantity Cumulative Variable Cost 1 100 X X X X X 1 100 X X X X X 1 60 1 60 2 120 100 X X X X 2 120 200 X X X X 2 10 2 10 3 240 160 100 X X X 3 240 260 220 X X X 3 30 3 30 4 240 160 100 100 X X 4 240 260 220 320 X X 4 0 4 0 5 100 5 1040 760 500 300 100 X 5 1040 860 620 520 320 X 5 100 6 10 6 1140 6 1140 10

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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Question

Subject: Materials Management and Inventory Systems

Note:-

Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.
Answer completely.
You will get up vote for sure.

A goblet has a unit production cost of $50, an ordering cost per order of $100, and a holding
cost fraction per period of .04. Complete the tables and determine the lot sizes by the
Wagner-Within algorithm from the data below:
Period
Demand (units)
Z
1
2
34
4
5
6
с
1
23
4
5
6
fe
Period
Demand (units)
Order Quantity
Cumulative
Variable Cost
1
100
X
X
X
X
X
1
100
X
X
X
X
X
1
60
1
60
2
120
100
X
X
X
X
2
120
200
X
X
X
X
2
10
2
10
3
240
160
100
X
X
X
3
240
260
220
X
X
X
3
30
3
30
4
240
160
100
100
X
X
4
240
260
220
320
X
X
4
0
4
0
5
100
5
1040
760
500
300
100
X
5
1040
860
620
520
320
X
5
100
6
10
6
1140
6
1140
6
10

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