Question: Develop a EOQ solution and calculate total relevant costs for the gross requirements in the following table 1 4 5 6 9 12 30 Period

Develop a EOQ solution and calculate total
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 4 5 6 9 12 30 Period 2 3 7 8 10 11 Gross requirements 30 30 30 20 20 40 60 "Holding cost = $150/unit/wook, setup cost = $150, lead time = 1 week, beginning inventory = 40. What is the average demand per week? (onter your responses with 2 decimal places) Calculate Economic Order Quantity (EQ) (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) 1 2 3 4 6 8 9 10 11 5 30 7 20 30 12 60 30 30 20 40 Period Gross requirements Scheduled receipt Projected On hand Net Requirements Planned Order receipt Planned Order release 40 Setup cost for 12 wooks is conter your response as a whole number) Carrying cost for 12 wooksis Center your response os a whole number) Setup cost for 12 weeks is $ Carrying cost for 12 weeks is (enter your response as a whole number). $ (enter your response as a whole number). The total cost is $ (enter your response as a whole number)

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