Question: Develop a EOQ solution and calculate total relevant costs for the gross requirements in the following table* 1 2 3 4 5 6 7 8

Develop a EOQ solution and calculate total

Develop a EOQ solution and calculate total relevant costs for the gross requirements in the following table* 1 2 3 4 5 6 7 8 12 Period Gross requirements 9 10 11 20 20 30 30 30 20 30 50 *Holding cost = $2.50/unit/week, setup cost = $200; lead time = 1 week, beginning inventory = 40. What is the average demand per week? (enter your responses with 2 decimal places): Calculate Economic Order Quantity (E0Q) (enter your responses as whole numbers): Calculate the number of periods for POQ (enter your responses as whole numbers): Develop a POQ solution (enter your responses as whole numbers) 2 3 4 6 8 10 11 12 1 30 5 30 7 30 30 20 20 20 50 Period Gross requirements Scheduled receipt Projected On-hand Net Requirements Planned Order receipt 40 40 Planned Order release Setup cost for 12 weeks is (enter your response as a whole number). Carrying cost for 12 weeks is senter your response as a whole number). The total cost is $enter your response as a whole number)

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