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. MRP.PNG 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 lot for lot method, what are your inventory carrying and ordering costs

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