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However, Class, when calculating proportional scores, remember that for some objectives, the "highest (or best)" value is the lower number. So, for instance, if the objective is to "Minimize Reinvestment/Repair" would $2000 or $0 be the "best" value and have a proportional score of 100? What about "Shortest period of Time"?
Other consequence tables and models to share?
an item is demanded at the rate of 2000 units per year at a uniform rate. order cost is rs.350 per order. inventory
Suppose that a sellers single customer periodically orders its EOQ of 200 units. suppose further that the annual demand 250,000 units, the sellers setup cost is $500 per order, and the sellers annual holding cost per unit is $25.00. What is the selle..
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Suppose that you are the manager of a production department that uses 400 boxes of rivets per year. The supplier quotes you a price of $8.50 per box for an order size of 199 boxes or less.
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