Question: Example to compares the ? ? 4 L , EOQ, and POQ, lot sizing techniques The Lifetime Sports Company has been using MRP to manufacture
Example to compares the EOQ, and POQ, lot sizing techniques
The Lifetime Sports Company has been using MRP to manufacture sports equipment for a number of years. Recently, Bob Banda, the operations manager, decided to investigate the use of lot sizing for MRPgenerated orders. As a test case, Bob selected a typical product in their line of fishing rods and gathered weekly data over a month's time. Ordering costs are K per order, and carrying costs are K per unit per week. The beginning inventory is units, and lead time is one week. Help Bob determine whether the EOQ or POQ lot sizing technique is more appropriate
tablePeriodtableGrossRequirements
Use the information above to find I II EOQ III POQ IV FOQ V PPB
NB period
:
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