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Indian Institute of Management Bangalore: Mini-Assignment 6
Indian Institute of Management Bangalore: Mini-Assignment 6
1. This is an individual assignment, but you are welcome to discuss it with as many students
(past/present/future) as you like. All I want in the end is that the submitted work should
be your own and complete.
2. You must submit your solution on Moodle.
3. The assignment is due Thursday, March 7, 2019, 11:55 pm sharp.
1. Solve the Wilkins case for the chase strategy. There are two differences from the
formulation that we solved (for the level strategy) in the class, which are as follows:
a. The ending inventory in each quarter is now required to be equal to the safety
stock.
b. The constraint(s) on production being equal in each quarter should be removed.
2. (Optional) Solve the Wilkins case for the hybrid strategy. Compared to the level
strategy, the only difference is that there is no constraint on production being equal in
each quarter. Therefore, production can be different in each quarter and ending
inventory in a quarter can be greater than the safety stock.