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Use the following MRP record and your calculations to answer the following question(s). The component has an order quantity of 100 (EOQ=100), and a lead
Use the following MRP record and your calculations to answer the following question(s). The component has an order quantity of 100 (EOQ=100), and a lead time of one period. Complete the following MRP record.
Period | 1 | 2 | 3 | 4 |
Gross Requirements | 25 | 80 | 50 | 80 |
Scheduled Receipts | 100 | |||
Projected on-hand 30 | ||||
Net Requirements | ||||
Planned-order Receipts | ||||
Planned-order Releases |
What is the projected available inventory in period #4?
How much is the inventory costs if ordering cost is $40 per order, and carrying cost is $3 per unit per week?
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