The MRP gross requirements for Item A are shown here for the next 10 weeks. Lead time for A is three weeks and setup cost is $10. There is a carrying cost of $0.010 per unit per week. Beginning inventory is 86 units. WEEK Gross requirements Use the least total cost and the least unit cost lot-sizing method to determine what quantity the first order should be released and for which period. Least total cost Least unit cost Quantity Ordered Period

The MRP gross requirements for Item A are shown here for the next 10 weeks. Lead time for A is three weeks and setup cost is $10. There is a carrying cost of $0.010 per unit per week. Beginning inventory is 86 units. WEEK Gross requirements Use the least total cost and the least unit cost lot-sizing method to determine what quantity the first order should be released and for which period. Least total cost Least unit cost Quantity Ordered Period

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...

See similar textbooks

Similar questions

Some ideas in time management
Hi, I need help solving this Operations Mgmt. problem. Thanks!
Text Book Question 5A-9 I will report if I am not given honest help. Please answer the question fully and do not use CHAT GPT. I am struggling with these questions and am in need to get the best help to prepare for my final. So please be wise and do honest work in helping me. Thanks! - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Given the project table below: a) Draw a project network from the table above b) i. What activity(s) is a burst activity? ii. What activity(s) is a merge activity? iii. What is the length of the project? iv. What is the critical path? c) Draw the Gantt chart d) Assuming there are only 10 resources available for the duration of this project, how can the schedule be best adjusted to level the resources? List the changes made e) Revise the Gantt chart to reflect this resource availability
What are subflows and when should you use them?
Read the passage and please answer the questions related to resource planning systems: Whipple Logistics Company’s Transportation Challenge Ruby Shelton is part of the executive development training program. As part of her executive development plan, Ruby has temporarily been assigned to the transportation division of Whipple Logistics Company. The objective is to expose her to different parts of the company as a method of grooming her for a senior position someday. Ruby is excited about the opportunity. Her background is in operations management, therefore, she is familiar with transportation requirements, although not an expert. Doreen Delgado is Ruby’s mentor in the program. Doreen is a senior vice president and participated in the program when she was a junior executive. She understands the value of such a learning experience. Whipple Logistics Company has several new clients who want a briefing on the best mode of transportation for their businesses. Doreen assigned Ruby to this…
As the project manager, you're in charge of creating an ICS (Inventory Control and Management Information System). The three-dimensional model is ideal for system administration.
The following memo is from an exasperated manager to her staff. Obviously, this manager does not have the time to clean up her writing or another set of eyes to review her written material before mailing it. From: Albertina Sindaha, Operations Manager To: All Employees Subject: Cleanup! Message You were all supposed to clean up your work areas last Friday, but that didn't happen. A few people cleaned their desks, but no one pitched in to clean the common areas. So we're going to try again. As you know, we don't have a big enough custodial budget anymore. Everyone must clean up himself. This Friday I want to see action in the copy machine area, things like emptying waste baskets, and you should organize paper and toner supplies. The lunch room is a disaster area. You must do something about the counters, the refrigerator, the sinks, and the coffee machine. And any food left in the refrigerator on Friday afternoon should be thrown out because it stinks by Monday. Finally, the office…
Chapter 3. Dr. Kay is learning how to make some traditional Indian food and comes upon this recipe for a childhood favorite (White Dhokla): https://recipes.timesofindia.com/us/recipes/white-dhokla /rs59190882.cms 2. In an effort to remain organized she sorts out the steps of the recipe to get an estimate of how much time it would take her to complete the recipe. Immediate Time Activity Description Predecessor (Hours) A Soak lentils & rice 8 Grind lentil-rice mixture A 0.5 Ferment lentil-rice C В mixture D Heat the steamer C 0.5 Prepare the pans with 0.25 mixture F Steam the pans D, E 0.5 Prepare tempering 0.1 H Temper, Cool, and serve F, G 0.5 1. Draw a network diagram for this process (include it in your final submission file at the end of the exam). What is the total expected time in hours for this recipe to be completed? hours 2. Show the activity schedule (include it in your final submission file at the end of the exam). What is the Critical Path for this recipe? 3. If Dr. Kay can…
9:36 Assignment Details Introduction to Business (BUSG-129-WJ1 CRN: 23348) Description After watching the following 4 UTube videos, students are to discuss the keys points from each of these 4 videos: 1. What is a stock market index? 2. Stocks, Bonds, Funds - What's the difference? 3. What are dividends? 4. What is a 401K? W VES Dashboard 56 ا... Stock Market Index | by Wal... 3 CODIGO T View Discussion 000 000 Calendar 7 To Do NA Notifications Inbox
(Use this file to answer only number 2 and show formulas used)
Drew Castello, general manager of Sunflower Manufacturing, was frustrated. He wanted the budgeted results, and his staff was not getting them to him fast enough. Drew decided to pay a visit to the accounting office, where Jeff Hollingsworth was supposed to be working on the reports. Jeff had recently been hired to update the accounting system and speed up the reporting process. "What's taking so long?" Drew asked. "When am I going to get the variance reports?" Jeff sighed and attempted to explain the problem. "Some of the variances appear to be way off. We either have a serious problem in production, or there is an error in the spreadsheet. I want to recheck the spreadsheet before I distribute the report." Drew pulled up a chair, and the two men went through the spreadsheet together. The formulas in the spreadsheet were correct and showed a large unfavorable direct labor efficiency variance. It was time for Drew and Jeff to do some investigating. After looking at the time records, Jeff…
To determine the scope of a bookkeeping clean-up engagement, you are reviewing the Client Overview tab for a potential client. You notice that there is a large amount in the Opening Balance Equity account. Which 3 reasons could be causing this balance?(Select all that apply) A. The client added transactions in the Banking Center without assigning an account to them B. Opening balance for an inventory item was entered during the setup process C. The client entered an Opening Balance when creating an Other Current Asset account D. Opening balances were included when importing customers using the Import data tool E. The client forced a bank reconciliation when the difference was not zero