question archive Grace Greenberg, production planner for Science and Technology Labs, in New Jersey, has the master production plan shown below: ,Period ( weeks) 1 2 3 4 5 6 7 8 9 10 11 12, Gross requirements 35 40 10 25 10 45 ,Lead time = 1 period; setup costs = $ 200; holding cost = $ 10 per week; stock out cost = $ 10 per week
Grace Greenberg, production planner for Science and Technology Labs, in New Jersey, has the master production plan shown below: ,Period ( weeks) 1 2 3 4 5 6 7 8 9 10 11 12, Gross requirements 35 40 10 25 10 45 ,Lead time = 1 period; setup costs = $ 200; holding cost = $ 10 per week; stock out cost = $ 10 per week
Subject:ManagementPrice: Bought3
Grace Greenberg, production planner for Science and Technology Labs, in New Jersey, has the master production plan shown below: ,Period ( weeks) 1 2 3 4 5 6 7 8 9 10 11 12, Gross requirements 35 40 10 25 10 45 ,Lead time = 1 period; setup costs = $ 200; holding cost = $ 10 per week; stock out cost = $ 10 per week. Develop an ordering plan and costs for Grace, using these techniques: ,a) Lot- for- lot. ,b) EOQ., c) POQ. ,d) Which plan has the lowest cost?
