Question
The MRP gross requirements for Item X are shown here for the next 10 weeks. Lead time for A is two weeks, and setup cost
The MRP gross requirements for Item X are shown here for the next 10 weeks. Lead time for A is two weeks, and setup cost is $11. There is a carrying cost of $0.02 per unit per week. Beginning inventory is 78 units.
WEEK | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | |
Gross requirements | 25 | 10 | 20 | 50 | 10 | 30 | 98 | 23 | 44 | 152 |
Use the least total cost lot-sizing method to determine the quantity to order with the first order released and which periods' requirements will be covered by that order.
Use the least total cost lot-sizing method to determine the quantity to order with the first order released and which periods' requirements will be covered by that order.
Least total cost method indicates that ______ units should be ordered to cover the needs for periods ______.
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