The MRP gross requirements for Item X are shown here for the next 10 weeks. Lead time for A is two weeks, and setup cost is $9. There is a carrying cost of $0.02 per unit per week. Beginning inventory is 70 units. Gross requirements 100 Least total cost method indicates that periods 20 9 40 150 Use the least total cost lot-sizing method to determine when and for what quantity the first order should be released. units should be ordered to cover the needs for
The MRP gross requirements for Item X are shown here for the next 10 weeks. Lead time for A is two weeks, and setup cost is $9. There is a carrying cost of $0.02 per unit per week. Beginning inventory is 70 units. Gross requirements 100 Least total cost method indicates that periods 20 9 40 150 Use the least total cost lot-sizing method to determine when and for what quantity the first order should be released. units should be ordered to cover the needs for
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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Please assist with Homework Chapter 21 Problem 6 . I keep getting the calculations mixed up. Thank you. Please provide step by step explantion so I can use it for notes

Transcribed Image Text:The MRP gross requirements for Item X are shown here for the next 10 weeks. Lead time for A is two weeks, and setup cost is $9.
There is a carrying cost of $0.02 per unit per week. Beginning inventory is 70 units.
Gross requirements
20
2
Least total cost method indicates that
periods
3
15
45
WEEK
18
7
9
30 100 20 48
10
150
Use the least total cost lot-sizing method to determine when and for what quantity the first order should be released.
units should be ordered to cover the needs for
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