Question: Consider the following data relevant to an MRP lot-sizing problem: Item cost per unit $25 Setup cost $100 Inventory carrying cost per year 20.8% WEEKLY

Consider the following data relevant to an MRP

Consider the following data relevant to an MRP lot-sizing problem: Item cost per unit $25 Setup cost $100 Inventory carrying cost per year 20.8% WEEKLY NET REQUIREMENTS 1 2 3 4 5 6 105 80 130 50 0 200 7 8 125 100 Assume no beginning inventory, what is the total cost for week 1 by using EOQ lot-sizing rule

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