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An automobile manufacturer makes heavy duty trucks. The operations manager wants to create an MRP for their truck assembly with a minimum cost possible. Following
An automobile manufacturer makes heavy duty trucks. The operations manager wants to create an MRP for their truck assembly with a minimum cost possible. Following table show gross requirements of their product for ten weeks. Using gross requirements schedule below prepare an alternative ordering system that always orders 100 units the week prior to a shortage (a fixed order quantity of 100 ) as a Lot Sizing technique What is the cost of this ordering system? Holding cost =$1/ unit/week; setup cost =$150; lead time =1 week; beginning inventory =45 units. Prepare a net requirements plan (enter your responses as whole numbers). The holding cost of this ordering system is : (enter your response as a whole number). The setup cost of this ordering system is $ (enter your response as a whole number). The total cost of this ordering system is $ (enter your response as a whole number)
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