The MRP gross requirements for Item X are shown here for the next 10 weeks. Lead time for A is two weeks, and setup cost is $9. There is a carrying cost of $0.02 per unit per week. Beginning inventory is 70 units. Gross requirements 20 10 Least total cost method indicates that periods 15 5 10 WEEK 4 through 8 100 20 Use the least total cost lot-sizing method to determine when and for what quantity the first order should be released. Answer is complete but not entirely correct. 20 10 40 150 units should be ordered to cover the needs for
The MRP gross requirements for Item X are shown here for the next 10 weeks. Lead time for A is two weeks, and setup cost is $9. There is a carrying cost of $0.02 per unit per week. Beginning inventory is 70 units. Gross requirements 20 10 Least total cost method indicates that periods 15 5 10 WEEK 4 through 8 100 20 Use the least total cost lot-sizing method to determine when and for what quantity the first order should be released. Answer is complete but not entirely correct. 20 10 40 150 units should be ordered to cover the needs for
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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