question archive You work as a planner in the supply chain department for AFIA Co
You work as a planner in the supply chain department for AFIA Co
Subject:BusinessPrice: Bought3
You work as a planner in the supply chain department for AFIA Co. Given the monthly gross requirements for one of the items (Carton). Your job is to develop an ordering plan and costs for: a) Lot-for-lot. ( 3 Points) b) EOQ. ( 4 Points ) c) Which plan should we select ? (1 Point) Calculate the total cost of each plan. Please use the following information: Holding Cost per month - $ 0.75 Set Up Cost - $ 150 Lead time=0 Master Production Schedule: Month 1 2 3 4 un 6 7 Gross requireme nts 100 150 200 150 100 150 250 Attach your solutions (Answer the total cost of EOQ plan in field) Add your answer
