Question: Develop a EOQ solution and calculate total relevant costs for the gross requirements in the following table*. Holding cost =$1.50 /unitweek; setup cost =$150; lead

Develop a EOQ solution and calculate total relevant costs for the gross requirements in the following table*. "Holding cost =$1.50 /unitweek; 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 (EOQ) (enter your responses as whole numbers). Develop a EOQ solution (enter your responses as whole numbers)

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