Question: Tools: Master Production Schedule and Order Quantity 1. Complete the following Master Production Schedule - Product Name: Batch Size - 80 Lead Time - 1

Tools: Master Production Schedule and Order Quantity 1. Complete the following Master Production Schedule - Product Name: Batch Size - 80 Lead Time - 1 week Beginning Inventory - 5 - Week Week Week Week Week Week 1 2 3 4 5 6 Forecast Demand 30 30 30 30 40 40 Actual Customer Orders 22 18 8 8 Projected On-hand Inventory Available to Promise MPS 80 MPS Start 2. Which lot-sizing rule is the best for the below comparison? Why? What should be the expected carrying costs under "Lot for Lot' rule? Why? Total Costs Ordering Costs $582 Carrying Costs S416 Lot-sizing Rule Fixed Order Quantity Lot for Lot Period Order Quantity 5862 $862 $629 ? $314

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