Question: Using gross requirements schedule below*, prepare an alternative ordering system that always orders 100 units the week prior to a shortage (a fixed order quantity

Using gross requirements schedule below*, prepare

Using gross requirements schedule below*, prepare an alternative ordering system that always orders 100 units the week prior to a shortage (a fixed order quantity of 100) as a Lot Sizing technique. What is the cost of this ordering system? Period 1 2 3 4 5 6 7 8 9 10 Gross requirements 25 30 50 0 10 50 30 0 30 65 *Holding cost = $1/unit/week, setup cost = $200; lead time = 1 week; beginning inventory = 25 units Prepare a net requirements plan (enter your responses as whole numbers). Period 1 2 3 4 5 6 7 8 9 10 25 25 25 0 Gross requirements On-hand at beginning of period On-hand at end of period Net requirements Order receipt Order release 30 50 0 10 50 30 0 30 65 0 70 30 30 20 70 40 40 10 70 30 30 20 70 70 40 10 45 30 0 0 0 30 40 0 0 55 100 0 0 0 1000 0 0 100 0 0 0 100 0 0 0 100 0 100 The holding cost of this ordering system is $ 355 (enter your response as a whole number). The setup cost of this ordering system is $450 (enter your response as a whole number). The cost of this ordering system is $ 805] (enter your response as a whole number)

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