Answered step by step
Verified Expert Solution
Question
1 Approved Answer
can you please show the excel formulas. Thank you 1 Paragraph 4 2. The Thrifty Computer Company is trying to decide which of several lot-sizing
can you please show the excel formulas. Thank you
1 Paragraph 4 2. The Thrifty Computer Company is trying to decide which of several lot-sizing procedures to use for its MRP system. The following information pertains to one of the typical component parts: (Chapter 9 Advanced MRP) Setup cost = $120/order. Inventory holding cost = $1.25/unit/week. Current inventory balance - 10 units. Week 1 2 3 5 6 7 8 Demand Forecast 65 2x 35 11025 85 X Apply the a) EOQ (only integer multiples of the EOQ can be ordered) procedure b) POQ procedure c) PPB lot-sizing procedure d) Show the total cost resulting from each procedure. Calculate inventory carrying cost based on the average inventory on hand at the end of each period. Assume orders are received into the beginning inventory. (40 points) X=35 I 1 Paragraph 4 2. The Thrifty Computer Company is trying to decide which of several lot-sizing procedures to use for its MRP system. The following information pertains to one of the typical component parts: (Chapter 9 Advanced MRP) Setup cost = $120/order. Inventory holding cost = $1.25/unit/week. Current inventory balance - 10 units. Week 1 2 3 5 6 7 8 Demand Forecast 65 2x 35 11025 85 X Apply the a) EOQ (only integer multiples of the EOQ can be ordered) procedure b) POQ procedure c) PPB lot-sizing procedure d) Show the total cost resulting from each procedure. Calculate inventory carrying cost based on the average inventory on hand at the end of each period. Assume orders are received into the beginning inventory. (40 points) X=35
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started