Given the Following Data

question 123

Essay

Given the following data:

The beginning inventory is 0 and there are no scheduled receipts. The order cost is $90 and the holding cost is $1 per part per period.
(a) What are the order costs, carrying costs, and totals cost over the 9 periods using the lot-for-lot size rule?
(b) What are the order costs, carrying costs, and totals cost over the 9 periods using the fixed order quantity rule with FOQ = 100?
(c) What are the order costs, carrying costs, and totals cost over the 9 periods using the period order quantity rule with POQ = 3?

---

Definitions:

Species

An assembly of living entities which are alike in nature and have the ability to mate or share genes.

File Drawer

The phenomenon where only positive study results are published, while negative or inconclusive findings are "hidden" in a researcher's file drawer.

Genus

A class or group of entities that share common characteristics, often used in the classification of organisms.

Species

A basic rank of biological classification that involves groups of individuals capable of interbreeding to produce fertile offspring.