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Operations Management
Setup Cost = $680 per setup Holding cost = $0.21 per unit per week Week Requirements Order Quantity Beg. Inventory End Inventory Setup Cost Holding Cost Total Holding Cost 1 2 3 4 5 6 7 8 9 10 11 12 234 150 344 208 488 178 448 436 496 378 345 460 If you are going to use Part Period Balancing and just order enough for Weeks 1 and 2, what will be the combined holding cost for Weeks 1 and 2?

Setup Cost = $680 per setup Holding cost = $0.21 per unit per week Week Requirements Order Quantity Beg. Inventory End Inventory Setup Cost Holding Cost Total Holding Cost 1 2 3 4 5 6 7 8 9 10 11 12 234 150 344 208 488 178 448 436 496 378 345 460 If you are going to use Part Period Balancing and just order enough for Weeks 1 and 2, what will be the combined holding cost for Weeks 1 and 2?

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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r Setup Cost = $680 per setup Holding cost = $0.21 per unit per week Week Requirements Order Quantity Beg. Inventory End Inventory Setup Cost Holding Cost Total Holding Cost 1 2 3 4 5 6 7 8 9 10 11 12 234 150 344 208 488 178 448 436 496 378 345 460 If you are going to use Part Period Balancing and just order enough for Weeks 1 and 2, what will be the combined holding cost for Weeks 1 and 2? 71.82 margin of error +/- 0.1
Transcribed Image Text:r Setup Cost = $680 per setup Holding cost = $0.21 per unit per week Week Requirements Order Quantity Beg. Inventory End Inventory Setup Cost Holding Cost Total Holding Cost 1 2 3 4 5 6 7 8 9 10 11 12 234 150 344 208 488 178 448 436 496 378 345 460 If you are going to use Part Period Balancing and just order enough for Weeks 1 and 2, what will be the combined holding cost for Weeks 1 and 2? 71.82 margin of error +/- 0.1
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