A manufacturing system faces dynamic demand, which results in lumpy demand for a component in a product, which is as follows: Period Demand 1 30 2 20 3 50 4 10 5 0 6 40 7 8 60 30 9 25 Information from warehouse, there is an initial stock 60 components and the component safety stock is 10 units. Ordering cost of the component is IDR. 5000,- while the carrying cost is IDR. 150,- per unit per period. The unit purchase price is IDR. 7000,- and there is an offer from supplier a unit purchase price discount at IDR. 200,- if the order quantity is more than 100 units. Arrange a plan to order from the supplier using Part Period Balancing and Least Unit Cost method. Ordering lead time of the components is 1 period. Calculate the total cost of each method.

A manufacturing system faces dynamic demand, which results in lumpy demand for a component in a product, which is as follows: Period Demand 1 30 2 20 3 50 4 10 5 0 6 40 7 8 60 30 9 25 Information from warehouse, there is an initial stock 60 components and the component safety stock is 10 units. Ordering cost of the component is IDR. 5000,- while the carrying cost is IDR. 150,- per unit per period. The unit purchase price is IDR. 7000,- and there is an offer from supplier a unit purchase price discount at IDR. 200,- if the order quantity is more than 100 units. Arrange a plan to order from the supplier using Part Period Balancing and Least Unit Cost method. Ordering lead time of the components is 1 period. Calculate the total cost of each method.

College Algebra (MindTap Course List)

12th Edition

ISBN:9781305652231

Author:R. David Gustafson, Jeff Hughes

Publisher:R. David Gustafson, Jeff Hughes

Chapter6: Linear Systems

Section6.8: Linear Programming

Problem 5SC: If during the following year it is predicted that each comedy skit will generate 30 thousand and...

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