It Is Time for a Company to Do Its MRP

question 27

Essay

It is time for a company to do its MRP schedule, but they aren't sure which lot sizing approach to use: lot-for-lot (LFL), fixed order quantity (FOQ) using the EOQ approach, or period order quantity (POQ).They have the following information regarding the product they wish to produce:
Carrying costs = $1 per unit per week
Set-up costs = $125
Annual demand = 2000 units
Work year = 50 weeks
a.What is the production lot size for week 2 using the LFL method?
b.What is the total cost using the LFL approach?
c.What is the fixed order quantity (EOQ) using the EOQ approach?
d.What is the beginning inventory in week 3 using the FOQ approach?
e.What is the total cost using the FOQ method?
f.What is the period order quantity (POQ)?
g.What is the ending inventory in week 4 using the POQ approach?
h.What is the total cost using the POQ method?

Outline the general goals of psychodynamic approaches in relation to mental health.

Evaluate the effectiveness and applicability of psychodynamic approaches with diverse populations.

Identify and differentiate between Jungian analytic interventions and their applications in counseling.

Recognize the role of the unconscious and the collective unconscious in Jungian psychology.

---

Definitions:

Gender

Socially constructed roles, behaviors, expressions, and identities of girls, women, boys, men, and gender diverse people.

Generativity Versus Stagnation

A stage in Erik Erikson's theory of psychosocial development where adults strive to create or nurture things that will outlast them.

Middle Adulthood

A stage of human development that typically covers the period from around age 40 to 65, focusing on personal and professional growth, stability, and facing the reality of aging.

Concrete Operational Stage

A stage in Piaget's theory of cognitive development (ages 7-12) where children gain the ability to think logically about concrete events.