Question: MRP Lot Sizing: Given the MRP plan for the next 8 weeks below. If the holding cost per unit per week is $91, 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 $91, and setup cost is $109 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 include the inventory after week 8. Include week 1 when determining ordering costs. (Round to a whole number) Ending Iny 1 2. 3 4 5 6 7 8 Gross Requirement 70 80 30 50 100 40 0 30 Beg On 0 olo o 0 0 0 0 0 80 30 50 100 40 0 30 Hand Iny 50 Net Requirement 20 Planned Order Receipt 20 80 30 50 100 40 0 30

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Question 6 3 points Save Answer 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...

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...

6. MRP Lot Sizing: Given the MRP plan for the next 8 weeks below. If the holding cost per unit per week is $98, and setup cost is $90 per order, calculate the total cost of the plan excluding...

MRP Lot Sixing Gives the MRP plan for the next 8 weeks below. If the bolding cost per unit per period is $106, and setup cost is $195 per order, calculate the toeal cost of the plan excluding...

Given the MRP plan for the next 8 weeks below. If the holding cost per unit per week is $84, and setup cost is $95 per order, calculate the total cost of the plan excluding inventory in week 1, but...

Pulsar has the following gross requirements for the next 8 weeks: Inventory holding cost of Rs.100 per unit per week and a setup cost of Rs.1800. There is no beginning inventory; there are no...

Consider the following bill of material (BOM) of a specific end Item. 10 points Save Answer QUESTION 21 Consider the following bill of material (BOM) of a specific and Item Part (Req) Lead Time End...

Consider the following bill of material (BOM) of a specific end Item. Part (Req.) Lead Time End Item A (2) 2 weeks B (3) 3 weeks C(1) 1 week D(2) 2 weeks E (1) 1 week F (1) 1 week G(2) ) 2 weeks H(3)...

Consider the following bill of material (BOM) of a specific end Item. Part(Req) Lead Time End Item A (2) 2 weeks B (3) 3 weeks C(1) 1 week D(2) 2 weeks E (1) 1 week F (1) 1 week G(2) 2 weeks H(3) 1...

Briefly explain five inherent weaknesses of Opt-Out system of donating organs for organ transplants.

What will be the amount of cash paid for S&A expenses during the month of November ? October November December Budgeted S&A Expenses Salary Expense 38,000 38,500 39,000 Sales Commissions 5% of Sales...

Question 6 ( 6 points ) Why were courts initially reluctant to recognize liability for negligent misstatements to non - clients? How did the decision in Hedley Byrne v . Heller

Case Greenbuilders Pte Lid ("GPL") is a local construction company which specialises in providing bespoke Design and Build construction services for private residential homes that are designed to be...