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Author Question: A company is trying to implement MRP but is having trouble determining which order sizing method ... (Read 46 times)

Chloeellawright

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Question 1

Four A washers, Five B washers, Two C bolts, and a D bolt are required to make one Grill parts kit. If 100 grill part kits are needed how many more washers will be consumed than bolts?

Question 2

A company is trying to implement MRP but is having trouble determining which order sizing method will minimize costs. Setup cost is $200 and holding cost is $2/period. If each period is 1 week, gross requirements are 270 units per 10 weeks, and there are 6 planned order releases for every 10 weeks, calculate the cost for lot-for-lot compared to EOQ for an entire year. Assume that EOQ and lot-for-lot are computed as though the usage will occur continually throughout the year.


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Marked as best answer by Chloeellawright on Dec 3, 2019

IAPPLET

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Chloeellawright

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Reply 2 on: Dec 3, 2019
Thanks for the timely response, appreciate it


jamesnevil303

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Reply 3 on: Yesterday
:D TYSM

 

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