Question: The demand for a cellphone for the next 12 weeks is 75 units in weeks 1, 4, 5, and 10; 30 units in weeks 2,

The demand for a cellphone for the next 12 weeks
The demand for a cellphone for the next 12 weeks is 75 units in weeks 1, 4, 5, and 10; 30 units in weeks 2, 6, 7, 11 and 12; and 55 units in weeks 3, 8, and 9. Initial on-hand inventory is 120 units. Another 90 units are scheduled for receipt in period 2. The lot size is 90 units and the lead-time is 2 weeks. Also, there is a safety stock requirement of 30 units. (a) Develop the gross and net requirements report for the 12-week period. (b) If the ordering cost $100 per order and the carrying cost is $15/unit- week, determine the total cost of this arrangement

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