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Initially, assume that Phil wants to minimize his in ventory requirements. Assume that each order will be only for what is required for a single
Initially, assume that Phil wants to minimize his in
ventory requirements. Assume that each order will be
only for what is required for a single period. Using the
following forms, calculate the net requirements and
planned order releases for the gear boxes and input
shafts. Assume that lot sizing is done using lot-for-lot
(L4L).
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