Consider the following requirements for a certain product. Period 1 2 3 4 5 6 7 8

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Consider the following requirements for a certain product.

Period	1	2	3	4	5	6	7	8
Gross requirements	0	200	200	500	0	400	0	400

Beginning inventory = 500 units

Setup cost = $500 per setup

Lead time = 1 week

Holding cost = $3 per unit per week

a. Develop the lot-for-lot MRP table.

b. Calculate the total relevant costs.

Period		1	2	3	4	5	6	7	8
Gross requirements		0	200	200	500	0	400	0	400
Projected on hand	500
Net Requirement
Planned Reciept
Planned Order

Setup Cost=

Holding Cost=

Total Cost =

Related Book For answer-question

Operations management

ISBN: 978-0132163927

10th edition

Authors: Jay Heizer, Barry Render

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Posted Date: Jan 15, 2021 11:20 AM

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Consider the following requirements for a certain product. Period 1 2 3 4 5 6 7 8

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It e m Period 1 2 3 4 5 6 7 8 Gross requirements 0 200 200 500 0 400 0 400 Schedu... View the full answer

Operations management

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