Question: Develop a EOQ solution and calculate total relevant costs for the gross requirements in the following table*. Period 1 2 3 5 6 7 40

Develop a EOQ solution and calculate total

Develop a EOQ solution and calculate total relevant costs for the gross requirements in the following table*. Period 1 2 3 5 6 7 40 30 30 9 20 40 Gross requirements 30 30 *Holding cost = $1.50/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 (EOQ) (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). Period Gross requirements Scheduled receipt Projected On-hand Net Requirements Planned Order receipt Planned Order release Setup cost for 12 weeks is S Carrying cost for 12 weeks is 40 1 30 (enter your response as a whole number). The total cost is $ (enter your response as a whole number). 2 (enter your response as a whole number). 4 3 30 4 8 5 6 7 40 30 30 8 10 11 12 60 9 10 11 12 20 40 60

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