Question: Please provide the steps for part (B) and also the calculations in how to get the numbers in red & also the total cost. REMEMBER:

Please provide the steps for part (B) and also the calculations in

Please provide the steps for part (B) and also the calculations in how to get the numbers in red & also the total cost.

REMEMBER: These problems are provided for review only, and do not necessarily indicate the type of question that will appear on the exam. I encourage you to review all the lecture material and the ICEs. (All ICE keys are available on BBL.) 1. (MPS) Rachel owns Sport Solutions LLC, which produces sports equipment. The forecast for baseball bats in each week t(Ft) is given below. The starting inventory at the beginning of week 1 is 50 units. The fixed setup cost (K) is $200 per order, and the inventory holding cost (h) is $2 per unit per week. Determine an MPS and the total cost for the next 5 weeks using the following methods: (a) Lot-for-lot production: Total cost =1000 (b) Batch production batch size B=250

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