M. de Koster, of Rene Enterprises, has the master production plan shown here: Period (weeks) 1 2
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M. de Koster, of Rene Enterprises, has the master production plan shown here:
Period (weeks) 1 2 3 4 5 6 7 8 9 Gross requirements 15 20 10 25 Lead time = 1 period; setup cost = $200; holding cost = $10 per week; stockout cost = $10 per week. Your job is to develop an ordering plan and costs for:
a) Lot-for-lot.
b) EOQ.
c) POQ.
d) Which plan has the lowest cost? lop5
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Related Book For
Operations Management Sustainability And Supply Chain Management
ISBN: 9781292295039
13th Global Edition
Authors: Jay Heizer, Barry Render, Chuck Munson
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