A company manufactures Iron Box. The MPS of the final assembly is as shown below. Month 1
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A company manufactures Iron Box. The MPS of the final assembly is as shown below.
Month 1 2 3 4 5 6 7 8 Projected Requirement — 3500 3000 4500 — 1000 4000 5500 The initial stock on hand is 1150 units. The carrying cost is Z 2.5 per unit/month and the lead time is one month. The ordering cost per order is Z 6000. Develop an EOQ solution.
AppendixLO1
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