Question: 2. Consider the following MRP lot-sizing problem for 6 weeks net requirements, when cost per item is $15 and order or set up cost is

2. Consider the following MRP lot-sizing problem for 6 weeks net requirements, when cost per item is $15 and order or set up cost is $55 and inventory carrying cost per week is $0.1 . Answer the following questions:

Weekly Net Requirements

		Weekly Net Requirements
1	2	3	4	5	6
50	65	30	45	70	55

Hint: you should calculate the net requirement, production quantity, ending inventory,

holding cost, and set up cost, and total cost.

d) Calculate the total cost by running least total cost for MRP schedule for all 6 weeks.
e) How much is the economic order quantity for 6 weeks?
f) Calculate the total cost by running least unit cost for an MRP schedule for all 6 weeks.

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