MRP Lot Sizing:Given the MRP plan for the next 8 weeks below. If the holding cost per unit per period is $105, and setup cost is $214 per order, calculate the total cost of the plan excluding inventory in week 1 and including the inventory in weeks 2 through 8 and the ending inventory after week 8. For the ordering cost, include week 1. (Round to a whole number) 1 2 3 4 5 6 7 8 Ending Inv Gross Requirement 70 40 30 50 30 30 0 15 Beg On Hand Inv 50 28 36 6 4 22 40 40 25 Net Requirement 20 12 0 44 26 8 0 0 Planned Order Receipt 48 48 0 48 48 48 0 0

1. list five staple convenience goods that you or your household buys on a regular basis. (you do not need to use complete sentences. 2.5 points) 2. list three impulse convenience goods that you or someone you know has purchased. (you do not need to use complete sentences. 2.5 points) 3. describe a shopping good that you or someone you know purchased. what kind of research did you or that person do before buying the product? (1-5 sentences. 3.0 points) 4. choose an example of a company you could start, and decide which business structure would make the most sense for that type of company (sole proprietorship, partnership, llc, c corporation, s corporation, or nonprofit corporation). explain why this structure would be good for this type of company. give at least 3 reasons. (3-6 sentences. 6.0 points) 5. if you were starting a new business, describe at least three departments to the company that you would need right away. why are these departments so important? (1-5 sentences. 3.0 points) 6. describe a product that you think has saturated its market. what makes you think it has saturated its market? (1-5 sentences. 3.0 points)