CH 12 A Candle Shop at Beachfront Village
MyOMLab Operations Management
Heizer, Render and Munson
13th Edition
They give you the days in the month that the shop is operational, the demand for boxes of candles, how many can be produced in an hour, and the setup cost. Asks for the optimal inventory policy to minimize monthly inventory costs, days to produce boxes, cycle time, and optimal order quantity.