Question: please help last answer was wrong Use the following MRP record and your calculations to answer the following question(s). The component has an order quantity
please help last answer was wrong
Use the following MRP record and your calculations to answer the following question(s). The component has an order quantity of 100 (EOQ=100), and a lead time of one period. Complete the following MRP record.
| Period | 1 | 2 | 3 | 4 |
| Gross Requirements | 25 | 80 | 50 | 80 |
| Scheduled Receipts | 100 | |||
| Projected on-hand 30 | ||||
| Net Requirements | ||||
| Planned-order Receipts | ||||
| Planned-order Releases |
What is the projected available inventory in period #4?
How much is the inventory costs if ordering cost is $40 per order, and carrying cost is $3 per unit per week?
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
