Question: Complete the table and provide planned order releases with beginning and ending inventory information for Lot L4L strategy . Calculate the total cost. Calculate the


- Complete the table and provide planned order releases with beginning and ending inventory information for Lot L4L strategy . Calculate the total cost.
- Calculate the Economic Order Quantity for Part 105050.
- Calculate the Time Between Orders and Use the Periodic order Quantity (POQ) technique and calculate the total cost of the strategy.
- Compare total costs of L4L strategies with POQ strategy. (5 points)
Q2. PORD Motor Co., orders car seats (Part 105050) from a supplier and the MRP record below shows the information about net requirements. The lot size for this part is minimum of 50 and there is no lead time. Note that, the Purchaser of PORD's informed the material planner about ordering cost, i.e., $2,000 each time they order from the supplier and the holding cost per item is $1 per time unit. PART 105050--- Lot size: Minimum 50, Lead Time = 0 4 | 11 2 | 75 | 70 3 60| WEEKS 5 6 100 80 7 70 8 654 92 00 1042 8012 0 Net requirements Planned order Releases Beginning Inventory Ending Inventory a. Complete the table and provide planned order releases with beginning and ending inventory information for Lot for Lot - L4L strategy (10 points). Calculate the total cost. b. Calculate the Economic Order Quantity for Part 105050. (5 Points) I I 1 5 ? Calculate the Time Between Orders and Use the Periodic order Quantity (POQ) technique and calculate the total cost of the strategy. (15 Points) TBO=? PART 105050--- Lot size: Minimum 50, Lead Time = 0 1 2 3 4 WEEKS 54 100 80 6 90 72 70 80 65 100 80 75 70 60 0 0 Net requirements Planned order Receipts Beginning Inventory Ending Inventory ? d. Compare total costs of L4L strategies with POQ strategy. (5 points)
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