The gross requirements for item A are specified for the beginning of weeks 1 through 12 in the table that follows. Item A, Level 0 01 02 03 04 05 06 07 08 09 10 11 12 0 60 0 50 0 70 0 40 0 60 0 50 ? ??????? 60 ??? Gross requirements. Projected on 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 $80 per order and the inventory cost is $1 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:
The gross requirements for item A are specified for the beginning of weeks 1 through 12 in the table that follows. Item A, Level 0 01 02 03 04 05 06 07 08 09 10 11 12 0 60 0 50 0 70 0 40 0 60 0 50 ? ??????? 60 ??? Gross requirements. Projected on 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 $80 per order and the inventory cost is $1 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:
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Question
![The gross requirements for item A are specified for the beginning of weeks 1 through 12 in the table that follows.
Item A, Level 0
01 02 03 04 05 06 07 08 09 10 11 12
0 60 0 50 0 70 0 40 0 60 0 50
60 ? ? ? ? ? ? ? ? ? ? ?
????????????
Gross requirements.
Projected on 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
$80 per order and the inventory cost is $1 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:](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3d740e16-f0fd-4de3-b883-7ef306369c59%2Fa4cb9c55-7c7b-48f2-8999-a96aac359689%2F20f9sdm_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The gross requirements for item A are specified for the beginning of weeks 1 through 12 in the table that follows.
Item A, Level 0
01 02 03 04 05 06 07 08 09 10 11 12
0 60 0 50 0 70 0 40 0 60 0 50
60 ? ? ? ? ? ? ? ? ? ? ?
????????????
Gross requirements.
Projected on 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
$80 per order and the inventory cost is $1 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:
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