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Homework: Material Requirements Planning Score: 0 of 10 pts Problem 14.22 40f 4

ID: 344536 • Letter: H

Question

Homework: Material Requirements Planning Score: 0 of 10 pts Problem 14.22 40f 4 (0 complete) Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table Period Gross requirements 30 1 2 3 45678 9 10 11 12 40 40 60 30 10 70 60 Holding cost $2.50/unitweek; setup cost- $200, lead time - 1 week; beginning inventory 40 Develop a lot-for-lot solution (enter your responses as whole numbers) Period Gross requirements 1 2 3 4 5 6789 10 11 12 30 40 40 60 30 10 7060 1401-10 On-hand at beginning of period 10 On-hand at end of period Order receipt Order release o 30 0 40 6 30 0 10 70 30 60 40 60 30 70 60

Explanation / Answer

Please find below the filled up table with relevant values including missing values

Period

1

2

3

4

5

6

7

8

9

10

11

12

Gross requirement

30

40

40

60

30

10

70

60

On hand at beginning of period : 40

40

10

10

0

0

0

0

0

0

0

0

On hand at end of period

10

10

0

0

0

0

0

0

0

0

0

0

Order receipt

0

0

30

0

40

60

30

0

10

70

0

60

Order release

0

30

0

40

60

30

0

10

70

0

60

Following formula have been used :

On hand at beginning of period t = On hand at end of period t-1

On hand at end of period t = On hand at beginning of period t – Gross requirement of period t ( Provided On hand at beginning of period t > Gross requirement of period t)

On hand at end of period t = 0 ( Provided on hand at beginning of period t < = Gross requirement of period t )

Order receipt for period t = 0 ( provided on hand at beginning of period t >= Gross requirement of period t )

Order receipt for period t = Gross requirement for period t – On hand at beginning of period t ( provided on hand at beginning of period t < Gross requirement of period t)

Period

1

2

3

4

5

6

7

8

9

10

11

12

Gross requirement

30

40

40

60

30

10

70

60

On hand at beginning of period : 40

40

10

10

0

0

0

0

0

0

0

0

On hand at end of period

10

10

0

0

0

0

0

0

0

0

0

0

Order receipt

0

0

30

0

40

60

30

0

10

70

0

60

Order release

0

30

0

40

60

30

0

10

70

0

60