Item A is one of the products manufactured at ABC Manufacturing. • Each order for producing the product has a cost of $300/order, regardless of the number of units ordered. • The lead time for placing the order is 2 week(s). • The inventory cost is $3/ unit/week and the on-hand inventory at the beginning of week 1 is 145 units. The gross requirement for Item A is specified for the beginning of weeks 1 through 8 in the table that follows. Item A Week 1 Week 2 Week 3 Week 4 Week 5 Week 6 Week 7 Week 8 60 65 0 90 0 55 95 85 Gross Requirement On-hand Inventory Net Requirement Planned Order Receipt Planned Order Release For a "lot size using Part Period" scheduling policy, determine the total cost for the 8 week period. Assume that inventory is tracked at the beginning of the period. The number of units ordered can be a multiple of the Part Period, depending on the computed net requirement in a week. What is total number of units held in inventory during the planning period (i.e. weeks 1 through 8)?

Item A is one of the products manufactured at ABC Manufacturing. • Each order for producing the product has a cost of $300/order, regardless of the number of units ordered. • The lead time for placing the order is 2 week(s). • The inventory cost is $3/ unit/week and the on-hand inventory at the beginning of week 1 is 145 units. The gross requirement for Item A is specified for the beginning of weeks 1 through 8 in the table that follows. Item A Week 1 Week 2 Week 3 Week 4 Week 5 Week 6 Week 7 Week 8 60 65 0 90 0 55 95 85 Gross Requirement On-hand Inventory Net Requirement Planned Order Receipt Planned Order Release For a "lot size using Part Period" scheduling policy, determine the total cost for the 8 week period. Assume that inventory is tracked at the beginning of the period. The number of units ordered can be a multiple of the Part Period, depending on the computed net requirement in a week. What is total number of units held in inventory during the planning period (i.e. weeks 1 through 8)?

Elements Of Electromagnetics

7th Edition

ISBN:9780190698614

Author:Sadiku, Matthew N. O.

Publisher:Sadiku, Matthew N. O.

ChapterMA: Math Assessment

Section: Chapter Questions

Problem 1.1MA

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Question

Item A is one of the products manufactured at ABC Manufacturing.
• Each order for producing the product has a cost of $300/order, regardless of the number of units ordered.
. The lead time for placing the order is 2 week(s).
• The inventory cost is $3/unit/week and the on-hand inventory at the beginning of week 1 is 145 units.
The gross requirement for Item A is specified for the beginning of weeks 1 through 8 in the table that follows.
Item A
Week 1 Week 2 Week 3 Week 4 Week 5 Week 6 Week 7 Week 8
60
65
0
90
0
55
95
85
Gross Requirement
On-hand Inventory
Net Requirement
Planned Order Receipt
Planned Order Release
For a "lot size using Part Period" scheduling policy, determine the total cost for the 8 week period. Assume that inventory
is tracked at the beginning of the period. The number of units ordered can be a multiple of the Part Period, depending on
the computed net requirement in a week.
What is total number of units held in inventory during the planning period (i.e. weeks 1 through 8)?
What is number of orders during the planning period?
What is the total cost of inventory and ordering for the planning period?
SUBMIT ANSWER

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