Question: Question 7 7 points Save Answer MRP Lot Sizing The demand for a product in the next 8 periods is given in the table below.

Question 7 7 points Save Answer MRP Lot Sizing

Question 7 7 points Save Answer MRP Lot Sizing The demand for a product in the next 8 periods is given in the table below. Period 6 Gross Requirement 60 60 50 110 120 0 The holding cost per unit per period is 4, and setup cost is $140 per order. Beginning inventory is 50 units. Develop an EOQ lot size ordering strategy on the table below -Note- the table continues off the page on the right (Round the EOQ amount to a whole number) (all answers should be rounded to whole numbers) Be sure to include "O's" where applicable. 40 Ending Inv Gross Requirement Beg On Hand Inv Net Requirement Planned Order Receipt

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