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Considering the following table for the two type of spare parts answer the following questions (each product distribution is poisson). The setup cost A=1000, h=1000.

Considering the following table for the two type of spare parts answer the following questions (each product distribution is poisson). The setup cost A=1000, h=1000.

Hint:

-Divide the lead time to 12!

-Demand is per year

image text in transcribed
  1. Find order quantities that make the average order frequency equal to ten times
  2. Fill the blanks with Q using the EOQ model

Please show all work

\begin{tabular}{|l|l|l|l|l|l|l|l|l|l|l|l|l|} \hline Parts & Demand(peryear) & HoldingCost & Lead-time(month) & i & i & Qi & Fi & ri & B(Q,ri) & HoldingCost & OrderCost & TotalCost \\ \hline 1 & 100 & 100 & 1 & & & & & & & & & \\ \hline 2 & 250 & 100 & 2 & & & & & & & & & \\ \hline \end{tabular}

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