7:17 you have done one mistake. At 12th week :- Gross req. is 50 on hand inventory is 45 Net requirement is 05 Planned receipt is 57 So at 13th week:- on hand inventory is 52. Therefore total inventory is 343. Holding cost = 343*2.5=857.5 Setup cost= 150*5 =750 Total cost=1607.5
Sir, U deserve a like and commends :)
Thank you sir, it was very helpful.
Thanks
in the book for same case .... the author orders for 4 period why is that?
7:17 you have done one mistake.
At 12th week :-
Gross req. is 50
on hand inventory is 45
Net requirement is 05
Planned receipt is 57
So at 13th week:-
on hand inventory is 52.
Therefore total inventory is 343.
Holding cost = 343*2.5=857.5
Setup cost= 150*5 =750
Total cost=1607.5
But y is the weekly demand multiplied by 52?
52 is the amount of week per year cmiiw
which text book are you looking at?
doesn't it require economics part period (epp) to do it?
which book is the question from?