A company periodically produces a part that is a basic component of an assembled product. Each time

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A company periodically produces a part that is a basic component of an assembled product. Each time the part is run, a fixed cost of $125 is incurred. The cost to hold one unit for a week, is estimated to be $1.65. For the demand (net requirements) shown below, determine the quantity and timing of production runs using the part-period method.

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Operations Management

ISBN: 978-0071091428

4th Canadian edition

Authors: William J Stevenson, Mehran Hojati

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