Question: 1. Based on the following data, and the begining inventory of 40 unit s, complete a net planned order release schedule for all weeks by

1.

Based on the following data, and the begining inventory of 40 units, complete a net planned order release schedule for all weeks by using a Lot-for-Lot (JIT) appraoch and answer the following question:

Period (week) 1 2 3 4 5 6 7 8 9 10 11 12

Gross Req. 30 0 40 0 30 60 20 0 10 80 0 14

On-Hand Inv.

Net Req.

Order Receipt

Order Release

What are the on-Hand inventory for weeks 1 and 2?

A.

40, 40

B.

30, 30

C.

0, 0

D.

10, 10

2.

Based on the following data, and the begining inventory of 40 units, complete a net planned order release schedule for all weeks by using a Lot-for-Lot (JIT) appraoch and answer the following question:

Period (week) 1 2 3 4 5 6 7 8 9 10 11 12

Gross Req. 30 0 40 0 30 60 20 0 10 80 0 14

On-Hand Inv.

Net Req.

Order Receipt

Order Release

What is the holding (carrying) cost for the 12 weeks?

A.

$568

B.

$40

C.

$80

D.

$1050

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!