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PROBLEM - 2 . ( 2 5 Pts ) An industrial engineer in the production planning department of an automotive industry company is in charge
PROBLEM Pts
An industrial engineer in the production planning department of an automotive industry company is in charge of determining the lot sizes of the semi product in the A single inventory item is ordered from an outside supplier.
The industrial engineer is using Winters's method to forecast the quarterly product sales. Heshe has been using smoothing constants of and Heshe has currently obtained the following values of the various slope, intercept, and seasonal factors: and
a Determine the forecast for the product sales in quarter and Pts
b Current inventory of this item is and ending inventory should be Assume a holding cost of TL per period and a setup cost of TL Determine the order policy for this item based on the forecasted demand over the next quarters and quarters
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