Given the following data:

The beginning inventory is 0 and there are no scheduled receipts. The order cost is $50 and the holding cost is $1 per part per period.
(a) What are the order costs, carrying costs, and totals cost over the 8 periods using the lot-for-lot size rule?
(b) What are the order costs, carrying costs, and totals cost over the 8 periods using the fixed order quantity rule with FOQ = 100?
(c) What are the order costs, carrying costs, and totals cost over the 8 periods using the period order quantity rule with POQ = 2?

Question

Given the following data:
  
The beginning inventory is 0 and there are no scheduled receipts. The order cost is $50 and the holding cost is $1 per part per period.
(a) What are the order costs, carrying costs, and totals cost over the 8 periods using the lot-for-lot size rule?
(b) What are the order costs, carrying costs, and totals cost over the 8 periods using the fixed order quantity rule with FOQ = 100?
(c) What are the order costs, carrying costs, and totals cost over the 8 periods using the period order quantity rule with POQ = 2?

Quizplus · Accepted Answer

The Answer of Given the following data:
  
The beginning inventory is 0 and there are no scheduled receipts. The order cost is $50 and the holding cost is $1 per part per period.
(a) What are the order costs, carrying costs, and totals cost over the 8 periods using the lot-for-lot size rule?
(b) What are the order costs, carrying costs, and totals cost over the 8 periods using the fixed order quantity rule with FOQ = 100?
(c) What are the order costs, carrying costs, and totals cost over the 8 periods using the period order quantity rule with POQ = 2?

Given the Following Data