Question
Lot-for-Lot Gross requirements Scheduled receipts Projected on hand 95 Net requirements Planned order receipts Planned order releases Lead-time 1 week => 2 3 4
Lot-for-Lot Gross requirements Scheduled receipts Projected on hand 95 Net requirements Planned order receipts Planned order releases Lead-time 1 week => 2 3 4 5 6 7 8 10 80 110 80 20 140 60 80 40 0 40 Instructions: Holding cost $1.50/week; Setup cost = $75; 1) Fill in the table above (Net Requirements, Projected on-hand, Planned Order Receipts) using "Lot-for-Lot" lot size strategy. --> Note: Projected On-Hand = amount of material left in inventory at the end of the period. --> Note: Must follow lead-time 2) Determine Total Cost for this lot size strategy and enter that in the Total Cost cell in L9. total cost =
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