Question: Please fill in the remaining boxes on the chart and provide the bottom solutions, Thanks!! Using gross requirements schedule below*, prepare an alternative ordering system

Please fill in the remaining boxes on the chart and provide the bottom solutions, Thanks!!

Please fill in the remaining boxes on the chart

Using gross requirements schedule below*, prepare an alternative ordering system that always orders 100 units the week prior to a shortage (a fixed order quantity of 100) as a Lot Sizing technique. What is the cost of this ordering system? 3 4 5 Period 1 2 Gross requirements 25 25 30 6 7 8 9 10 40 30 0 30 55 50 0 10 "Holding cost = $1/unit/week; setup cost = $200; lead time = 1 week; beginning inventory = 25 units. Prepare a net requirements plan (enter your responses as whole numbers). 1 2 3 4 5 6 7 8 9 10 25 30 50 0 10 40 30 0 30 55 25 25 0 Period Gross requirements On-hand at beginning of period On-hand at end of period Net requirements Order receipt Order release 0 0 0 0 0 0 0 0 100 0 0 0 0 0 0 100 0 00 0 1000 0 0 The holding cost of this ordering system is $(enter your response as a whole number). The setup cost of this ordering system is $(enter your response as a whole number). The cost of this ordering system is $(enter your response as a whole number)

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!