Question: Question 6 3 points Save Answer MRP Lot Sizing: Given the MRP plan for the next 8 weeks below. If the holding cost per unit

Question 6 3 points Save Answer MRP Lot Sizing:

Question 6 3 points Save Answer MRP Lot Sizing: Given the MRP plan for the next 8 weeks below. If the holding cost per unit per week is $80, and setup cost is $98 per order, calculate the total cost of the plan excluding inventory in week 1, but including the inventory costs in weeks 2 through 8 and include the inventory after week 8. Include week 1 when determining ordering costs. (Round to a whole number) Ending Iny 0 1 2 3 45 6 7 8 Gross Requirement 70 80 30 50 100 400 30 Beg On Hand Inv 50 000 0 0 0 0 Net Requirement 20 80 30 50 100 400 30 Planned Order 20 80 30 50 100 400 30 Receipt

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!