P3 (24 pt) The demand for a newly released product is 9 units per period. The replenishment rate infinite. The lead time is 10 periods. The item cost is $52 per unit. The procurement cost is $34...
P3 (24 pt) The demand for a newly released product is 9 units per period. The replenishment rate infinite. The lead time is 10 periods. The item cost is $52 per unit. The procurement cost is $34 p procurement. The shortage cost is S0.45 per unit per period. The holding cost is also $0.45 per un period. This item will be stored in a warehouse that has capacity of 150 cubic units of space. Ea item occupies 50 cubic units of space. Show calculations in detail. 3.a) What are the minimum-cost order procurement quantity, and procurement level, and total co without space restriction? (12 pt) 3.b) Is the space restriction active? Show calculations and explain briefly why or why not? (6pt.) .c) If the space constraint is active what is the impact on minimum-cost order procurement quant
P3 (24 pt) The demand for a newly released product is 9 units per period. The replenishment rate infinite. The lead time is 10 periods. The item cost is $52 per unit. The procurement cost is $34 p procurement. The shortage cost is S0.45 per unit per period. The holding cost is also $0.45 per un period. This item will be stored in a warehouse that has capacity of 150 cubic units of space. Ea item occupies 50 cubic units of space. Show calculations in detail. 3.a) What are the minimum-cost order procurement quantity, and procurement level, and total co without space restriction? (12 pt) 3.b) Is the space restriction active? Show calculations and explain briefly why or why not? (6pt.) .c) If the space constraint is active what is the impact on minimum-cost order procurement quant