Question: MRP Lot Sizing: Given the MRP plan for the next 8 weeks below. If the holding cost per unit per week is $80, and setup

MRP Lot Sizing: Given the MRP plan for the next 8

MRP Lot Sizing: Given the MRP plan for the next 8 weeks below. If the holding cost per unit per week is $80, and setup cost is $98 per order, calculate the total cost of the plan excluding inventory in week 1, but including the inventory costs in weeks 2 through 8 and ending inventory after week. Include week 1 when determining ordering costs. (Round to a whole number) Ending Inv 1 2 3 4 5 6 7 8 70 80 30 50 100 40 0 30 50 0 0 0 o 0 0 0 0 Gross Requirement Beg On Hand Iny Net Requirement Planned Order Receipt 20 80 30 50 100 40 O 30 20 80 30 50 100 40 0 30

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