Question: show work dont use excel please. You are given the following information for the MRP table. Assume the lead time is 1 week. The setup

show work dont use excel please.
You are given the following information for the MRP table. Assume the lead time is 1 week. The setup cost is $100 per setup and the holding cost is $0.50 per unit per week. Given the MRP table below, use the Fixed period method to determine the MRP Week 1 2 3 4 5 6 7 8 9 Gross Requirements 50 20 30 30 40 40 20 15 Scheduled Receipts On Hand Inventory 40 What is Lambda? [Select] /week (round up to next integer, use this rounded up number in your EOQ calculation. For example, if Lambda is 31.23, use 32) What is the EOQ? (Select ] units (round up to next integer) What is the Fixed Time Period? [Select ] units (round up to next integer) What is the total setup & holding cost? $ (Select] (round up to next integer) You are given the following information for the MRP table. Assume the lead time is 1 week. The setup cost is $100 per setup and the holding cost is $0.50 per unit per week. Given the MRP table below, use the Fixed period method to determine the MRP Week 1 2 3 4 5 6 7 8 9 Gross Requirements 50 20 30 30 40 40 20 15 Scheduled Receipts On Hand Inventory 40 What is Lambda? [Select] /week (round up to next integer, use this rounded up number in your EOQ calculation. For example, if Lambda is 31.23, use 32) What is the EOQ? (Select ] units (round up to next integer) What is the Fixed Time Period? [Select ] units (round up to next integer) What is the total setup & holding cost? $ (Select] (round up to next integer)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
