A certain company utilizes the Economic Order Quantity Run Size for its MRP Schedule. The company has determined the EOQ is 180 units, the holding costs is 2.1% per unit per week, the cost to produce a unit is $1, and the the setup cost is $33.96. Consider the the following MRP schedule: Find the letter A in the table and calculate its value:
Homework Answers
EOQ = 180 units,
holding costs = 2.1% per unit per week,
cost to produce a unit = $1,
setup cost = $33.96
Letter A represents the production quantity in week 1
Net requirement in week 1 is 84
We are using EOQ lot sizing.
Therefore, production quantity in week 1 = EOQ = 180 units
Value of A = 180 ANSWER
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