HW#1 - h 0.3 Minimizes inventory holding and ordering cost...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
demand per unit of time (a) a 8000 Lead time (L) L 1 Setup cost for ordering one batch (K) K 12000 Cost for purchasing one unit (c) c 9.5 Holding cost per unit per unit of time held (h)
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: h 0.3 Minimizes inventory holding and ordering cost (Q*) Q* 12393.55 Time Between Orders (t*) t* 1.55 Cost per unit of time (T(Q)) T(Q*) 85605...
View Full Document

This homework help was uploaded on 04/01/2008 for the course ME 211 taught by Professor Thouless during the Spring '08 term at University of Michigan.

Ask a homework question - tutors are online