Question: Using the gross requirements schedule below*, prepare an alternative ordering system POQ that orders every 3 weeks for 3 weeks ahead (a periodic order quantity)

Using the gross requirements schedule below*,

Using the gross requirements schedule below*, prepare an alternative ordering system POQ that orders every 3 weeks for 3 weeks ahead (a periodic order quantity) as a Lot Sizing technique. What is the cost of this ordering system? 1 2 4 5 6 7 8 Period Gross requirements 3 50 9 30 10 55 25 30 0 10 40 30 0 *Holding cost = $1/unit/week; setup cost = $150; lead time = 1 week; beginning inventory = 25 units Prepare a net requirements plan (enter your responses as whole numbers). 2 3 4 5 6 7 8 9 10 1 25 30 50 0 10 40 30 0 30 55 25 Period Gross requirements On-hand at beginning of period On-hand at end of period Net requirements Order receipt Order release The cost of this ordering system is $(enter your response as a whole number)

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