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Sequential Month Number Question 1: Consider a company facing a demand pattern and costs as follows: $25.00 Requirements A (units) January 1 20 r
Sequential Month Number Question 1: Consider a company facing a demand pattern and costs as follows: $25.00 Requirements A (units) January 1 20 r (per month) February 2 40 V 0.05$/$ (carrying costs are very high in this industry) $4.00 March 3 110 April 4 120 May 60 June 6 30 July 20 August 8 30 September 9 80 October 10 120 November 11 130 12 40 December Total 800 a) Construct a replenishment schedule and calculate the associated costs using the Silver- Meal heuristic. b) Repeat using the LUC method. c) Repeat using the PPB method.
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