Assignment:
Consider the following table of net requirements.
|
Period
|
1
|
2
|
3
|
4
|
5
|
6
|
7
|
8
|
9
|
10
|
11
|
12
|
|
Net Requirement
|
20
|
63
|
12
|
125
|
154
|
129
|
54
|
52
|
124
|
160
|
247
|
41
|
Determine the optimal order quantity for the following the methods and compare your results. (Setup 10 12 cost $60, holding cost-$0.6/unit/period)
Submit your answers in an excel file on Blackboard.
a. Part Period Balancing (PPB)
b. Wagner-Whitin Algorithm (WW)