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In the table below is a production schedule for a manufacturer. James have been hired on to figure out the optimal 3 month production schedule

In the table below is a production schedule for a manufacturer. James have been hired on to figure out the optimal 3 month production schedule using the Wagner-Whitin Algorithm. answers in excel sheet and formula for opening and ending inventory should be mentioned

Period (t)

1

2

3

Demand (Dt)

1000

300

500

Unit Cost (ct) cost per unit

21

21

21

Setup Cost / ordering cost(At)

326

326

326

Holding Cost (ht)

54

54

54

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