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Consider the following requirements for a certain product. MRP Template x is x Beginning inventory =500 units Setup cost =$500 per setup Lead time =1

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Consider the following requirements for a certain product. MRP Template x is x Beginning inventory =500 units Setup cost =$500 per setup Lead time =1 week Holding cost =$3 per unit per week a. Develop the lot-for-lot MRP table. b. Calculate the total relevant costs

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