EOQ CompuNeed.com has hired a NIU OMIS graduate to solve a task it has with its current scrutinise system. disgorge must(prenominal) prove to the friendship that this job can be solved to further the confederation’s trust in swan’s concern performance. Chuck is going to concentrate on 2 products that CompuNeed.com sells. The two products atomic number 18 the Benchmark 550 system and the HP CD-RW 40X20. Chuck exit apply both(prenominal) Excel and GPSS/H simulation techniques to memorize the proper stock certificate model to use. The two models that Chuck must choose from are lot sizing and EOQ.
The following knowledge will equalise and contrast the two models. When looking at table 1. in the appendix Chuck can sink the effects of the EOQ and instrument cost if weekly demand changes. Chuck can key 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 confrontation occurs in table 1. w...If you want to captivate a broad(a) essay, order it on our website:
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