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Operations Management
Period (weeks) 2 3 4 7 8 Gross requirements 15 20 10 25

Period (weeks) 2 3 4 7 8 Gross requirements 15 20 10 25

Practical Management Science
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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M. de Koster, of Rene Enterprises, has the master production plan shown here:                                    Lead time = I period; setup cost= $200; holding cost = $10 per
week; stockout cost = $10 per week. Your job is to develop an ordering plan and costs for:
a) Lot-for-lot. b) EOQ.
c) POQ. d) Which plan has the lowest cost?                                                           
Period (weeks) 2 3 4 7 8 Gross requirements 15 20 10 25
Transcribed Image Text:Period (weeks) 2 3 4 7 8 Gross requirements 15 20 10 25
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