Question: Develop a EOQ solution and calculate total relevant costs for the gross requirements in the following table 1 2 3 a 5 8 9 10

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 2 3 a 5 8 9 10 11 Period Gross requirements 12 6 7 20 20 30 40 40 20 20 60 *Holding cost $1.50/unit/week; setup cost - $150: 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). 1 3 4 5 6 7 11 12 9 10 20 20 30 40 40 20 20 60 Period Gross requirements Scheduled receipt Projected On-hand Net Requirements Planned Order receipt Planned Order release 40 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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