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The distribution of the eight-month demand forecasts determined by an enterprise as a result of the MRP study by months is given in the table below. Using the fixed order quantity (lots of 75) method calculate the ordering schedule and the total cost of that plan (keeping-in-stock cost CU4/item*month, ordering cost CU300/order)

The distribution of the eight-month demand forecasts determined by an enterprise as a result of the MRP study by months is given in the table below. Using the fixed order quantity (lots of 75) method calculate the ordering schedule and the total cost of that plan (keeping-in-stock cost CU4/item*month, ordering cost CU300/order)

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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The distribution of the eight-month demand forecasts determined by an enterprise as a result of the MRP study by months is given in the table below. Using the fixed order quantity (lots of 75) method
calculate the ordering schedule and the total cost of that plan (keeping-in-stock cost CU4/item*month, ordering cost CU300/order)

3 6 7 8 month 80 90 50 80 60 45 45 70 demand
Transcribed Image Text:3 6 7 8 month 80 90 50 80 60 45 45 70 demand
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