Question: For the inventory record given below, please finish the Inventory Record Planning Table (fill in the blanks wherever needed). Current on hand = 50; Fixed

 For the inventory record given below, please finish the Inventory Record

For the inventory record given below, please finish the Inventory Record Planning Table (fill in the blanks wherever needed). Current on hand = 50; Fixed order quantity= 50 No scheduled receipts; Lead time = 2 weeks Week 1 2 3 4 5 Gross Requirement 35 8 53 65 17 Hint: Fixed order quantity means we can only order 50, 100, 150, etc. (in multiples of 50). We cannot order 45, 67, etc. 3 Week 1 N 4 5 LO Gross Requirements Scheduled Receipts on-hand 50 Projected inventory Planned Receipts Planned Order Release

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