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

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
*Holding cost$/unit/week; setup cost$; lead time1week; beginning inventory40.
What is the average demand per week? (enter your responses with 2 decimal places):
enter your response here
Calculate Economic Order Quantity(EOQ)(enter your responses as whole numbers):
enter your response here
Calculate the number of periods for POQ (enter your responses as whole numbers):
enter your response here
Develop a POQ solution (enter your responses as whole numbers).
Period
1
2
3
4
5
6
7
8
9
10
11
12
Gross requirements
Scheduled receipt
Projected On-hand
40
enter your response here
enter your response here
enter your response here
enter your response here
enter your response here
enter your response here
enter your response here
enter your response here
enter your response here
enter your response here
enter your response here
enter your response here
Net Requirements
enter your response here
enter your response here
enter your response here
enter your response here
enter your response here
enter your response here
enter your response here
enter your response here
enter your response here
enter your response here
enter your response here
enter your response here
Planned Order receipt
enter your response here
enter your response here
enter your response here
enter your response here
enter your response here
enter your response here
enter your response here
enter your response here
enter your response here
enter your response here
enter your response here
Planned Order release
enter your response here
enter your response here
enter your response here
enter your response here
enter your response here
enter your response here
enter your response here
enter your response here
enter your response here
enter your response here
enter your response here
Setup cost for 12 weeks is $
enter your response here(enter your response as a whole number).
Carrying cost for 12 weeks is
$
enter your response here(enter your response as a whole number).
The total cost is $
enter your response here (enter your response as a whole number).

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