The gross requirements for item A are specified for the beginning of weeks 1 through 12 in the table that follows. Item
Posted: Sun May 08, 2022 4:30 pm
The gross requirements for item A are specified for the beginning of weeks 1 through 12 in the table that follows. Item A, Level O 01 02 03 04 05 06 07 08 09 10 11 12 Gross 0 60 0 50 0 70 0 40 0 60 0 50 requirements. Projected on 60 ? ? ? ? ? ? ? ? ? ? ? hand Planned ? ? ? ? ? ? ? ? ? ? ? ? order release The lead time is 2 weeks. The current on hand inventory, at the beginning of week 1 is 60 units. If the order cost is $150 per order and the inventory cost is $3 per unit per period, and the order quantity is the computed part period (or a multiple of the computed part period) when it is necessary to place an order, what is the total cost for the 12 week period? Answer: