Period 1 2 3 4 5 6 Demand 43 11 20 30 50 26 ordering cost 100 120 100 100 100 120 inventory cost 5 10 5 10 5 13 product cost 10 2 7.5 10 10 5 According to the W-W algorithm, what is the order quantity for the period two?
Period 1 2 3 4 5 6 Demand 43 11 20 30 50 26 ordering cost 100 120 100 100 100 120 inventory cost 5 10 5 10 5 13 product cost 10 2 7.5 10 10 5 According to the W-W algorithm, what is the order quantity for the period two?
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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Period | 1 | 2 | 3 | 4 | 5 | 6 |
Demand | 43 | 11 | 20 | 30 | 50 | 26 |
ordering cost | 100 | 120 | 100 | 100 | 100 | 120 |
inventory cost | 5 | 10 | 5 | 10 | 5 | 13 |
product cost | 10 | 2 | 7.5 | 10 | 10 | 5 |
According to the W-W algorithm, what is the order quantity for the period two?
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