Please advise with Homework Chapter 20 Problem 8. Thank you. Please provide step by step explantion so I can use it for notes 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.seLeast total costLeast unit costGross requirementsUse the least total cost and the least unit cost lot-sizing method to determine what quantity the first order should be released and forwhich period.Answer is complete but not entirely correct.QuantityOrderedPeriod34 to 80 4 to 9WEEK78OO92008010se

Gross requirements are the entire amount of a good or service required to satisfy customer demand.…

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. Answer is complete but not entirely correct. Quantity Ordered Least total cost Least unit cost Period 34 to 8 04100 00

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. Answer is complete but not entirely correct. Quantity Ordered Least total cost Least unit cost Period 34 to 8 04100 00

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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