Given the Following MRP Matrix for Item C

question 75

Multiple Choice

Given the following MRP matrix for Item C:

If each order cost $500 and the holding cost is $0.75 per item per period,then using the Periodic Order Quantity lot sizing technique,the Planned Order Release for period 4 would be

• A)270
• B)290
• C)340
• D)560

---

Definitions:

Demand Equation

A mathematical representation that expresses the relationship between the quantity of a good demanded and its price, along with other factors like income and the prices of related goods.

New Equilibrium Quantity

The quantity of goods or services supplied and demanded after a change in the market has led to a new equilibrium price.

Ticket Scalping

The practice of buying tickets for an event and reselling them at a higher price, often to benefit from high demand and limited supply.

Economic Losses

Economic losses refer to the reduction in financial value experienced by individuals, businesses, or the economy as a whole due to adverse events or decisions.