The ULS company has the following demand forecasts for the coming months. Placing an order costs $ 50, the cost of an item is $ 5.00, and the annual cost of holding inventory is 30%. 1 2 3 4 5 100 70 95 120 85 105 First line is month and second is demand Develop the replenishment pattern with the Fragmented Period Balancing method and calculate the cost of the heuristic

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
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ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter1: Introduction And Goals Of The Firm
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The ULS company has the following demand forecasts for the coming months. Placing an order
costs $ 50, the cost of an item is $ 5.00, and the annual cost of holding inventory is 30%.
1
2
3
4
100
70
95
120
85
105
First line is month and second is demand
Develop the replenishment pattern with the Fragmented Period Balancing method and calculate
the cost of the heuristic
Transcribed Image Text:The ULS company has the following demand forecasts for the coming months. Placing an order costs $ 50, the cost of an item is $ 5.00, and the annual cost of holding inventory is 30%. 1 2 3 4 100 70 95 120 85 105 First line is month and second is demand Develop the replenishment pattern with the Fragmented Period Balancing method and calculate the cost of the heuristic
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