Complete the following MRP record for both Lot-for-Lot and EOQ lot sizing procedures. EOQ is 35. Average
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Complete the following MRP record for both Lot-for-Lot and EOQ lot sizing procedures. EOQ is 35. Average Requirements are 18. Ordering cost is $92 per order while the carrying or holding cost is $0.50 per unit per period. What are the holding costs and ordering costs for both procedures? Select the closest answer. (LFL holding, LFL ordering / EOQ holding, EOQ ordering)
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 |
Net requirements | 15 | 19 | 24 | 10 | 10 | 20 | 24 | 24 | 20 | 20 | 10 | 20 |
LFL required receipts | | | | | | | | | | | | |
EOQ required receipts | | | | | | | | | | | | |
a. $100, $1104 / $0, $552
b. $0, $1104 / $100, $552
c. $0, $552 / $100, $552
d. $100,$0 / $0, $1104
Related Book For
Supply Chain Focused Manufacturing Planning and Control
ISBN: 978-1133586715
1st edition
Authors: W. C. Benton
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