Product A MRP information is as below: Ordering cost = $250, inventory holding cost $2 per unit per week. There are 120

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

Product A MRP information is as below: Ordering cost = $250, inventory holding cost $2 per unit per week. There are 120

Post by answerhappygod »

Product A Mrp Information Is As Below Ordering Cost 250 Inventory Holding Cost 2 Per Unit Per Week There Are 120 1
Product A Mrp Information Is As Below Ordering Cost 250 Inventory Holding Cost 2 Per Unit Per Week There Are 120 1 (173.31 KiB) Viewed 9 times
Product A Mrp Information Is As Below Ordering Cost 250 Inventory Holding Cost 2 Per Unit Per Week There Are 120 2
Product A Mrp Information Is As Below Ordering Cost 250 Inventory Holding Cost 2 Per Unit Per Week There Are 120 2 (259.28 KiB) Viewed 9 times
Product A MRP information is as below: Ordering cost = $250, inventory holding cost $2 per unit per week. There are 120 units beginning inventory; there are no scheduled receipts at the beginning; EOQ = 122 units. Lead time = 1 week 1 Gross requirements 50 On Hand Inventory NET Requirements Planned receipts Planned orders Hint: 2 80 3 90 50 5 30 6 60 Inventory carrying cost = Sum (cost per unit per week x ending inventory of a week) Ordering cost = ordering cost per order x # of orders Using lot for lot method, what are your inventory carrying and ordering costs?

O Carrying = $140, Ordering = $1,250 O Carrying = $450, Ordering = $390 O Carrying = $1,045, Ordering = $168 O Carrying = $120, Ordering = $1,460 O Carrying = $1,970, Ordering = $125
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply