Given the following MRP matrix:LLC:0ITEM: XLOT SIZE: MIN100Gross RequirementsGrossScheduled ReceiptsProjected on HandNet RequirementsNetPlanned OrderReceiptsPlanned OrderReleasesShown smaller:ITEM: XLOT SIZE:MIN 100RequirementsScheduledReceiptsProjected onHandRequirementsPlanned OrderReceiptsPlanned OrderReleasesAnswer:LLC:0LT:2LT: 230PERIOD1 2100PERIOD50120101002023010050100 100303If the ordering cost is $176 and the carrying cost is $1 per unit per period, what is the total inventory related cost for periods 1 through 7?Give answer to 2 decimal WITHOUT the $ symbol.50802020 30 50 50 60 80 8010030 10 30 80 30 70 90 10100 100730 104100 1005030560706809030 10100 10078010

Ans) Total Inventory or Project on hand to through period 1 to 7 = (10+30+80+30+70+90+10) = 320…

Answered: wen the following MRP matrix: LLC: 0…

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...

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