The MRP gross requirements for Item A are shown here for the next 10 weeks. Lead time for A is three weeks and setup cost is $12. There is a carrying cost of $0.015 per unit per week. Beginning inventory is 80 units. Gross requirements WEEK 1 2 3 4 5 6 7 8 9 10 25 45 10 20 70 70 20 50 195 70 Use the least total cost and the least unit cost lot-sizing methods to determine the quantity to order with the first order released with each method and which periods' requirements will be covered by that order. Quantity Ordered Periods Covered (Click to select)4 to 54 to 84 Least total cost Least unit cost to 104 to 99 to 1094 to 744 to 6 (Click to select)4 to 9944 to 74 to 54 to 109 to 104 to 84 to 6

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
icon
Related questions
Question

am. 164.

The MRP gross requirements for Item A are shown here for the next 10 weeks. Lead time for A is three weeks and setup cost is $12. There is a carrying cost of $0.015 per
unit per week. Beginning inventory is 80 units.
Gross requirements
WEEK
1
2345678910
25
45
10
20 70 70 20 50
195
70
Use the least total cost and the least unit cost lot-sizing methods to determine the quantity to order with the first order released with each method and which periods'
requirements will be covered by that order.
Quantity
Ordered
Periods Covered
(Click to select)4 to 54 to 84
Least
total cost
Least
unit cost
to 104 to 99 to 1094 to 744
to 6
(Click to select)4 to 9944 to
74 to 54 to 109 to 104 to 84
to 6
Transcribed Image Text:The MRP gross requirements for Item A are shown here for the next 10 weeks. Lead time for A is three weeks and setup cost is $12. There is a carrying cost of $0.015 per unit per week. Beginning inventory is 80 units. Gross requirements WEEK 1 2345678910 25 45 10 20 70 70 20 50 195 70 Use the least total cost and the least unit cost lot-sizing methods to determine the quantity to order with the first order released with each method and which periods' requirements will be covered by that order. Quantity Ordered Periods Covered (Click to select)4 to 54 to 84 Least total cost Least unit cost to 104 to 99 to 1094 to 744 to 6 (Click to select)4 to 9944 to 74 to 54 to 109 to 104 to 84 to 6
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 4 steps with 6 images

Blurred answer
Knowledge Booster
Revenue Management
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.