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- Calculate the Inventory Cost with LFL, PPB, POQ, EOQ, Methods - Which methods is the most suitable one and why? Company ABC is a
- Calculate the Inventory Cost with LFL, PPB, POQ, EOQ, Methods - Which methods is the most suitable one and why?
Company ABC is a company engaged in the manufacture of washing machines. Order fee of $ 160,000,- for each order & storage costs is $ 21 per unit / week Have a need for a component for 8 consecutive weeks as follows: 1 4 5 6 8 Week Gross Requirement Planned Receipt Projection Hands On Iventory 28 2 22 22 25 25 3 30 30 0 30 30 7 25 25 0 22 22 0 28 28 Total 210 210 28 0 0 0 0 0 Question : 1. Estimate Inventory Cost with LFL, PPB, POQ, EOQ methods 2. Which methods is the most suitable one? Company ABC is a company engaged in the manufacture of washing machines. Order fee of $ 160,000,- for each order & storage costs is $ 21 per unit / week Have a need for a component for 8 consecutive weeks as follows: 1 4 5 6 8 Week Gross Requirement Planned Receipt Projection Hands On Iventory 28 2 22 22 25 25 3 30 30 0 30 30 7 25 25 0 22 22 0 28 28 Total 210 210 28 0 0 0 0 0 Question : 1. Estimate Inventory Cost with LFL, PPB, POQ, EOQ methods 2. Which methods is the most suitable oneStep by Step Solution
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