Use lot-for-lot-economic order quantity-least total cost

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Reference no: EM132252418

1. Select nine of the “best companies to work for in UAE” or in any other Arab country of your choice. Visit the companies’ websites and/or review articles that may describe their HR practices. Write one paragraph about each company.

2. The MRP gross requirements for Item A are shown here for the next 8 weeks. Cost per item $15.00 Order or setup cost $50:00 Inventory carrying cost/week 1% Weekly net requirments 1 2 3 4 5 6 7 8 50 70 60 95 60 60 75 55 Use the, lot-for-lot (L4L), economic order quantity (EOQ), least total cost (LTC), and least unit cost (LUC) to determine when and for what quantity the orders should be released. Then choose the best lot size. Comment your results.

Reference no: EM132252418

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