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Author Question: Which of the following statements regarding lot-sizing is true? (Read 56 times)

HCHenry

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Question 1

An item's holding cost is 60 cents per week. Each setup costs $120. Lead time is 2 weeks. EPP is
◦ 200.
◦ .005.
◦ 72.
◦ 60.
◦ 100.

Question 2

Which of the following statements regarding lot-sizing is true?
◦ Lot-for-lot cannot be modified for scrap allowance or process constraints.
◦ The Wagner-Whitin algorithm simplifies lot size calculations.
◦ Lot-sizing ignores holding costs.
◦ EOQ principles should be followed whenever economical.
◦ Too much concern with lot-sizing results in false accuracy.


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Marked as best answer by HCHenry on Dec 3, 2019

dantucker

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HCHenry

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Reply 2 on: Dec 3, 2019
Great answer, keep it coming :)


coreycathey

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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