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Question: objective this activity has the purpose of helping students to...

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Objective: This activity has the purpose of helping students to determine the optimum varying order size calculating the Silver Meal (SM) heuristic algorithm. (Objective 1) Student Instructions After studying Silver-Meal algorithm take the following assignment. 1. You will have only one (1) attempt to send this quiz by Assignment 2. The question is worth 20 points. 3 The deadline for taking the quiz is indicated on Tools, which is located in Calendar in the Blackboard platform. A small bakery and candy maker has orders for the next 6 weeks and from them can estimate his sugar consumption for each week. Beginning inventory is 30 units. The demand pattern is as follows: Week Gross requirements Week Gross requirements 50 10 60 20 80 The cost of getting the sugar from the warehouse in his van is $10 a time. The storage cost (holding) is 50 cents per kilogram per week. The price of the sugar is $1 per kilogram. Determine the order sizes by the Silver-Meal algorithm. Provide the ordering schedule and cumulative variable costs in a table format just like seen in this module

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