Question: QUESTION 22 20 points Save Answer Please use the given MRP planning schedule for item) to answer the following questions: Unit Cost $20 Setup cost

QUESTION 22 20 points Save Answer Please use theQUESTION 22 20 points Save Answer Please use the

QUESTION 22 20 points Save Answer Please use the given MRP planning schedule for item) to answer the following questions: Unit Cost $20 Setup cost $60 Inventory holding cost per week 1.5% of the unit cost Beginning inventory 60 Lead time 1 week Week 0 1 2 3 4 5 Demand 45 38 60 80 25 a. Select adequate EOQ model to calculate the optimal order quantity__ (round up to the nearest whole number). b. Indicate the correct net requirements, planned-order receipts, and planned order releases to meet the demand in the provided table (Do not leave the boxes blank, for example, fill in O if there is no net req certain week). c. Calculate the total inventory holding cost and fixed ordering cost for these 5 weeks in the provided table Week: 0 1 2 3 4 5 Item: OH: : Gross requirements Scheduled receipts Projected available balance LT: SS: Q: Net requirements Planned order receipts Planned order releases Inventory Holding Cost Fixed Ordering/Set-up Cost

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!