The time-phased net requirements for the base assembly in a table lamp over the next six weeks are: Week 1 2 3 4 5
The time-phased net requirements for the base assembly in a table lamp over the next six weeks are: Week 1 2 3 4 5 6 Requirements 335 240 180 340 320 200 The setup cost for the construction of the base assembly is $200, and the holding cost is $0.30 per assembly per week. a. What lot sizing do you obtain from the EOQ formula? b. Determine the lot sizes using the Silver-Meal heuristic. c. Determine the lot sizes using the least unit cost heuristic.
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Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
22nd Edition
324401841, 978-0-324-6250, 0-324-62509-X, 978-0324401844
