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e table below g

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question Three The table below gives the gross requirements for the final products A and B during the last six weeks. Each unit of A uses three units of C and each unit of B uses three units of C. Each unit of C uses four units of D. Assume that A and B can be produced in zero time once enough C is available. The lead-time for both Cand Dis one week. At the beginning of Week 1, 120 units of C and 160 units of D are on hand. 50 units of C and 80 units of D are scheduled to be received at the beginning of week 2. The average weekly demand for D is 100units. The cost per production run is $200, and the cost of holding one unit in inventory for one week is $4. WEEK 1 2 3 30 A 20 10 20 B 10 30 10 10 Determine the MRP record for D using: a) b) EOQ Lot sizing method POQ (P=2) c) Part-period balancing lot-sizing is used d) Which method is the most cost effective?
Transcribed Image Text:Question Three The table below gives the gross requirements for the final products A and B during the last six weeks. Each unit of A uses three units of C and each unit of B uses three units of C. Each unit of C uses four units of D. Assume that A and B can be produced in zero time once enough C is available. The lead-time for both Cand Dis one week. At the beginning of Week 1, 120 units of C and 160 units of D are on hand. 50 units of C and 80 units of D are scheduled to be received at the beginning of week 2. The average weekly demand for D is 100units. The cost per production run is $200, and the cost of holding one unit in inventory for one week is $4. WEEK 1 2 3 30 A 20 10 20 B 10 30 10 10 Determine the MRP record for D using: a) b) EOQ Lot sizing method POQ (P=2) c) Part-period balancing lot-sizing is used d) Which method is the most cost effective?
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