Question: Product A MRP information is as below: Ordering cost = $250, inventory holding cost $2 per unit per week. There are 120 units beginning inventory;

Product A MRP information is as below: Ordering cost = $250, inventory holding cost $2 per unit per week. There are 120 units beginning inventory; there are no scheduled receipts at the beginning; EOQ = 122 units. Lead time 1 week 1 2 3 4 5 6 50 80 90 50 30 60 Gross requirements On Hand Inventory NET Requirements Planned receipts Planned orders Hint: Inventory carrying cost Sum (cost per unit per week x ending inventory of a week) = Ordering cost ordering cost per order x # of orders Using EOQ method, what are your inventory carrying and ordering costs? (6 points) O Carry $724, Ordering = $500 O Carry = $425, Ordering = $1,215 O Carry- $920, Ordering = $540 O Carry $665, Ordering - $890 = O Carry = $168, Ordering = $50

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