Complete the following MRP record using EOQ lot sizing technique. The holding cost is $3 per...

 

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Complete the following MRP record using EOQ lot sizing technique. The holding cost is $3 per unit per period and the ordering cost is $500 per order. What is the ordering cost and holding costs using end inventory values? Assume that the lot size cannot exceed the EOQ size and back ordering is possible without any additional costs. (ordering cost/holding costs) Period 0000 EOQ GR SR PA NR POR 0 10 ($3,188/$3,440) ($1,440/$2,000) ($3,188/$2,000) ($2,000/51,440) 1 60 2 90 150 3 125 4 180 60 5 150 6 50 7 450 8 60 Complete the following MRP record using EOQ lot sizing technique. The holding cost is $3 per unit per period and the ordering cost is $500 per order. What is the ordering cost and holding costs using end inventory values? Assume that the lot size cannot exceed the EOQ size and back ordering is possible without any additional costs. (ordering cost/holding costs) Period 0000 EOQ GR SR PA NR POR 0 10 ($3,188/$3,440) ($1,440/$2,000) ($3,188/$2,000) ($2,000/51,440) 1 60 2 90 150 3 125 4 180 60 5 150 6 50 7 450 8 60

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