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

Develop a EOQ solution and calculate total relevant costs for the gross requirements in the following table Period 1 2 3 4 5 6 7 8 9 10 11 12 Gross requirements 20 40 40 20 30 20 20 50 *Holding cost $150/unit week, setup cost = $150 lead time = 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): o Calculate the number of periods for POQ (enter your responses a whole numbers): Develop a POQ solution (enter your responses as whole numbers 1 2 4 7 8 11 3 40 12 5 40 9 10 2020 20 20 30 50 Porod Gross requirements Scheduled receipt Projected Onhand Nel Requirement 40 ED Parved der Setup for a weiss Carrying Theo her your Enter your own cho

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