EOQ CompuNeed.com has hired a NIU OMIS graduate to solve a tax it has with its current catalogue system. disgorge must(prenominal) prove to the friendship that this caper can be solved to further the confederation’s trust in convulse’s concern performance. Chuck is going to concentrate on 2 products that CompuNeed.com sells. The two products be the Benchmark 550 system and the HP CD-RW 40X20. Chuck exit utilize both(prenominal) Excel and GPSS/H simulation techniques to memorize the proper origin model to use. The two models that Chuck must choose from atomic number 18 lot sizing and EOQ.
The following knowledge will liken and contrast the two models. When looking at table 1. in the appendix Chuck can sink the effects of the EOQ and scrutinize cost if weekly demand changes. Chuck can obtain that when the average weekly demand decreases for both the B550 and the 40X20 the total inventory cost decreases because less inventory is necessitate to support the demand. The mated occurs in table 1. w...If you want to captivate a near essay, order it on our website:
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