Production and Operations Analysis, Seventh Edition
Production and Operations Analysis, Seventh Edition
7th Edition
ISBN: 9781478623069
Author: Steven Nahmias, Tava Lennon Olsen
Publisher: Waveland Press, Inc.
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Chapter 8.2, Problem 21P

(a)

Summary Introduction

Interpretation: It is to be determined that the result obtained from lot-sizing technique is good.

Concept Introduction:

The lot sizing technique is a method which is used as a united method to calculate the net requirements of certain unit. During this technique cost reduction and work efficiency parameters are considered.

(b)

Summary Introduction

Interpretation: The difference in percentage resulted from the optimal solution is to be determined.

Concept Introduction:

The lot sizing technique is a method which is used as a united method to calculate the net requirements of certain unit. During this technique cost reduction and work efficiency parameters are considered.

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