Lee's Machine shop has estimated net requirements for a particular part as follows: Period Net requirement...

  

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Lee's Machine shop has estimated net requirements for a particular part as follows: Period Net requirement 1 2 3 4 5 6 18 19 150 20 30 40 140 150 150 150 150 10 80 Ordering cost associated with this part is $600 per order. Estimated inventory carrying cost is $4 per unit per month calculated on average inventory. Currently no parts are available in inventory. 11 10 12 200 If you use lot for lot lot sizing model, what is the ordering cost? Question 15 If you use lot for lot lot sizing model, how many units you should order in period 6? Question 16 If you apply EOQ lot sizing model, what is the optimal order quantity? Question 17 If you apply EOQ lot sizing model, what is the total cost? If you use POQ lot sizing model, what is ordering cost? Lee's Machine shop has estimated net requirements for a particular part as follows: Period Net requirement 1 2 3 4 5 6 18 19 150 20 30 40 140 150 150 150 150 10 80 Ordering cost associated with this part is $600 per order. Estimated inventory carrying cost is $4 per unit per month calculated on average inventory. Currently no parts are available in inventory. 11 10 12 200 If you use lot for lot lot sizing model, what is the ordering cost? Question 15 If you use lot for lot lot sizing model, how many units you should order in period 6? Question 16 If you apply EOQ lot sizing model, what is the optimal order quantity? Question 17 If you apply EOQ lot sizing model, what is the total cost? If you use POQ lot sizing model, what is ordering cost?

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Question 15 Ordering Cost for LotforLot Lot Sizing Model In the lotforlot lot sizing model an order is placed exactly to cover the net requirement for ... View the full answer