Use the requirements data from Problem 11 and order costs of $75/order, inventory carrying cost of $1.25/unit/period,
Question:
a. Apply McLaren's order moment (MOM) lot-sizing procedure (with look-ahead).
b. Apply the least unit cost (LUC) procedure without look-ahead.
Ending Inventory
The ending inventory is the amount of inventory that a business is required to present on its balance sheet. It can be calculated using the ending inventory formula Ending Inventory Formula =...
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Related Book For
Supply Chain Focused Manufacturing Planning and Control
ISBN: 978-1133586715
1st edition
Authors: W. C. Benton
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