Professional Documents
Culture Documents
Production Planning and Optimization Sheets
Production Planning and Optimization Sheets
1 2
2 12
3 4
4 8
5 15
6 25
7 20
8 5
9 10
10 20
11 5
12 20
Holding Cost Per unit Per Period $1.00
Setup Cost Per Production Order $40.00
Big M
Total Cost
Initial Inventory 0
Ending Inventory 0
Period Demand Average Cost Up to Production Quantity Inventory
1 2
2 12
3 4
4 8
5 15
6 25
7 20
8 5
9 10
10 20
11 5
12 20
Holding Cost Per unit Per Period (h) $1.00
Ordering Cost Per Order (K) $40.00
Total Cost $ -
Period Demand Average Cost Up to Production Quantity Inventory
1 2
2 12
3 4
4 8
5 15
6 25
7 20
8 5
9 10
10 20
11 5
12 20
Holding Cost Per unit Per Period (h) $1.00
Ordering Cost Per Order (K) $40.00
Total Cost