Challenge 5: For a given item, suppose these are our net requirements over the coming 6 weeks: Week 1 2 3 4 5 6 Net Req's 140 35 85 120 60 80 Suppose we enter this schedule horizon with 60 units in inventory. Further suppose that: Setup cost is S200 Holding cost (per unit per week of average inventory) is $2 If we are using Part-Period Balancing to set order quantities, for how many units would our Week arrival/receipt be?

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...
icon
Related questions
Question
Challenge 5: For a given item, suppose these are our net requirements over the coming 6 weeks:
Week
1 2
3
4 5 6
Net Req's
140 35
85
120 60
80
Suppose we enter this schedule horizon with 60 units in inventory. Further suppose that:
Setup cost is S200
Holding cost (per unit per week of average inventory) is $2
If we are using Part-Period Balancing to set order quantities, for how many units would our Week 1
arrival/receipt be?
Transcribed Image Text:Challenge 5: For a given item, suppose these are our net requirements over the coming 6 weeks: Week 1 2 3 4 5 6 Net Req's 140 35 85 120 60 80 Suppose we enter this schedule horizon with 60 units in inventory. Further suppose that: Setup cost is S200 Holding cost (per unit per week of average inventory) is $2 If we are using Part-Period Balancing to set order quantities, for how many units would our Week 1 arrival/receipt be?
Expert Solution
steps

Step by step

Solved in 5 steps with 3 images

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.