Question: A company wants to develop an MRP for a single product that they have and they want to use part-period method to determine their lot

A company wants to develop an MRP for a single

A company wants to develop an MRP for a single product that they have and they want to use part-period method to determine their lot sizes (planned order receipt). Assume the ordering cost is $160 and unit holding cost is $2 per period. In addition, the lead time is 1 period, and at the beginning, there are 20 units of inventory on hand. The gross requirements for this product are as follows: Product Periods 1 2 5 Gross Requirements 20 10 50 20 15 4 10 Develop the MRP plan for this product and report projected on-hand, net requirements, planned order receipts and planned order releases (no safety stock is required)

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