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Busi. 410 Assembly Line A

Busi. 410 Assembly Line A - Demand Prob 16 0.06 17 0.14 18...

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The Golden Urn Weekly Demand Prob. 16 0.06 17 0.14 18 0.20 19 0.14 20 0.10 21 0.08 22 0.07 23 0.06 24 0.05 25 0.04 26 0.03 27 0.02 28 0.01 16 17 18 19 20 21 22 23 24 25 26 27 28 0.00 0.05 0.10 0.15 0.20 0.25 Assembly Line (A) Weekly demand Probability
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Assembly Line (A) Starting inventory 10 Order quantity 70 Setup cost per order $9.00 Inventory cost/case $0.20 Backorder cost/case $2.00 Week 1 2 3 4 5 6 Monday morning inventory 10 60 40 20 70 50 Shipments 70 0 0 70 0 0 Available 80 60 40 90 70 50 Week's demand (simulated) 20 20 20 20 20 20 Friday night inventory 60 40 20 70 50 30 Warehouse order costs $9.00 $0.00 $0.00 $9.00 $0.00 $0.00 Inventory costs $12.00 $8.00 $4.00 $14.00 $10.00 $6.00 Backorder costs $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Total costs $21.00 $8.00 $4.00 $23.00 $10.00 $6.00 Total 6-week cost $72.00 Weekly Demand
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Unformatted text preview: Demand Prob. 16 0.06 17 0.14 18 0.20 19 0.14 20 0.10 21 0.08 22 0.07 23 0.06 24 0.05 25 0.04 26 0.03 27 0.02 28 0.01 rder quantity (50.00) rder quantity (55.00) rder quantity (60.00) rder quantity (65.00) rder quantity (70.00) Starting inventory (-10.00) $149.30 $105.53 $75.72 $57.47 $53.31 1 Starting inventory (-6.00) $125.60 $88.88 $63.96 $52.68 $54.72 2 Starting inventory (-2.00) $105.82 $74.39 $55.90 $52.10 $58.10 3 Starting inventory (2.00) $88.64 $63.17 $52.17 $54.53 $62.43 4 Starting inventory (6.00) $74.39 $56.23 $52.21 $58.44 $67.07 5 Starting inventory (10.00) $64.26 $53.23 $55.01 $62.95 $71.85 6 1 2 3 4 5...
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