Question: Develop a EOQ solution and calculate total relevant costs for the gross requirements in the following table*. Period Gross requirements 5 6 7 8 9

"Holding cost =$2.50/ 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 (EOQ) (enter your responses as whole numbers): Caiculate the number of periods for POQ (onter your responses as whole numbers): Develop a POQ solution (enter your responses as wholo numbers). Setup cost for 12 weeks is $ (enter your response as a whole number). Carrying cost for 12 weeks is $ (enter your response as a whole number). The total cost is $ (enter your response as a whole number). "Holding cost =$2.50/ 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 (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). Setup cost for 12 weeks is $ (enter your response as a whole number). Carrying cost for 12 weeks is $ (entor your responso as a wholo number). The total cost is $ (enter your rosponse as a whole number)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
