Question: Complete the MRP table through comparing the methods L4L and EOQ by means of total operational cost. Fixed ordering cost is $50, inventory holding
Complete the MRP table through comparing the methods L4L and EOQ by means of total operational cost. Fixed ordering cost is $50, inventory holding cost per item per week is $1, there is a 2-week lead-time and backlogging is allowed without a penalty cost. [30 pts] L4L week Gross requirement Schedule receipts Projected on hand (35) Net requirement Planned order receipts Planned order releases EOQ week Gross requirement Schedule receipts Projected on hand (35) Net requirement Planned order receipts Planned order releases 1 35 2 30 1 2 35 30 3 40 3 40 4 0 40 S 55 10 5 10 6 40 30 69 7 40 2 81 8 O 00 30 0 7 8 00 O 9 30 10 55 9 10 30 55
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