Week 1 2 3 4 5 6 7 8 9 10 Gross requirements 80 30 10 80 90 90 50 90 80 40 The table above shows the gross requirements of a product. You are also given the following information: Holding cost = $4/week; Ordering(Setup) cost = $65; Lead time = 1 week; SS=0. If you use EOQ lot sizing rule, what would be the EOQ lot size. In other words, the orders will be placed in multiples of what number? Only enter a number without any units. Round your answer to the nearest whole number.)
Week 1 2 3 4 5 6 7 8 9 10 Gross requirements 80 30 10 80 90 90 50 90 80 40 The table above shows the gross requirements of a product. You are also given the following information: Holding cost = $4/week; Ordering(Setup) cost = $65; Lead time = 1 week; SS=0. If you use EOQ lot sizing rule, what would be the EOQ lot size. In other words, the orders will be placed in multiples of what number? Only enter a number without any units. Round your answer to the nearest whole number.)
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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Transcribed Image Text:Week
1 2 3 4 5 6 7 8 9 10
Gross requirements 80 30 10 80 90 90 50 90 80 40
The table above shows the gross requirements of a product. You are also given
the following information: Holding cost = $4/week; Ordering(Setup) cost = $65;
Lead time = 1 week; SS=0. If you use EOQ lot sizing rule, what would be the EOQ
lot size. In other words, the orders will be placed in multiples of what number?
Only enter a number without any units. Round
your answer to the nearest whole number.)
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How did you get the total demand as 640 and why is the anwser 46 can you express it algebraicly
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