9. Given the following data: Period 1 2 3 4 5 6 7 8 9 80 Gross Requirements 70 30 90 30 80 20 90 60 The beginning inventory is O and there are no scheduled receipts. The order cost is $90 and the holding cost is $1 per part per period. (a) What are the order costs, carrying costs, and totals cost over the 9 periods using the lot-for-lot size rule? (b) What are the order costs, carrying costs, and totals cost over the 9 periods using the fixed order quantity rule with FOQ = 100? (c) What are the order costs, carrying costs, and totals cost over the 9 periods using the period order quantity rule with POQ = 3?

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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9. Given the following data:
Period
5
6
7
1
2
3
4
30 90 30
80
20
90 60
80
Gross Requirements 70
The beginning inventory is O and there are no scheduled receipts. The order cost is $90 and the holding cost is $1 per part
per period.
8 9
(a) What are the order costs, carrying costs, and totals cost over the 9 periods using the lot-for-lot size rule?
(b) What are the order costs, carrying costs, and totals cost over the 9 periods using the fixed order quantity rule
with FOQ = 100?
(c) What are the order costs, carrying costs, and totals cost over the 9 periods using the period order quantity rule
with POQ = 3?
Transcribed Image Text:9. Given the following data: Period 5 6 7 1 2 3 4 30 90 30 80 20 90 60 80 Gross Requirements 70 The beginning inventory is O and there are no scheduled receipts. The order cost is $90 and the holding cost is $1 per part per period. 8 9 (a) What are the order costs, carrying costs, and totals cost over the 9 periods using the lot-for-lot size rule? (b) What are the order costs, carrying costs, and totals cost over the 9 periods using the fixed order quantity rule with FOQ = 100? (c) What are the order costs, carrying costs, and totals cost over the 9 periods using the period order quantity rule with POQ = 3?
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