Case Study:ABC manufactures Jam. The company produces 5 types of jams(strawberry, grape, peach, blueberry and apple). Below is datafor years 2016 and 2017Year 2016Type of Jam Set up ororder costStrawberry 63.70GrapePeach63.7063.70Blueberry 63.70Apple 63.70Year 2017Type of Jam Set up ororder costStrawberry 63.70Grape 63.70Peach63.70Blueberry 63.70Apple 63.70Tasks:Demand Holding orCarrying Cost9%92993233514929886 9625 9Demand Holding orCarryingCost9%34602220 91500 9900 9600 9Lead time Safety Stock20015012010050571075Lead time Safety Stock571075200150120100501. Read the case study.2. Perform an analysis of work and operations (EOQ andROP) associated with activities in a modern enterprise byCreating an Excel Spreadsheet:a. Create tables with headings. Create a cell for theanswer. Hint: you can copy the tables and then addcells for the answers.

As per the given data, it is clear that only the demand variates from year 2016 to 2017.

Answered: ABC manufactures Jam. The company…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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ABC manufactures Jam. The company produces 5 types of jams (strawberry, grape, peach, blueberry and apple). Below is data for years 2016 and 2017 Year 2016 Type of Jam Set up or order cost Strawberry 63.70 Demand Holding or Carrying Cost 2993 9% Lead time Safety Stock 5 200