Question: Develop a POQ solution and calculate total relevant costs for the gross requirements in the following table* 1 2 3 4 5 6 7 8

Develop a POQ solution and calculate total

Develop a POQ solution and calculate total relevant costs for the gross requirements in the following table* 1 2 3 4 5 6 7 8 9 10 11 12 Period Gross requirements 30 30 40 70 30 10 70 40 *Holding cost = $2.50/unit/week; setup cost = $200, lead time = 1 week; beginning inventory = 40 Develop a POQ solution. (Enter your responses as whole numbers.) 1 2 3 4 5 6 7 8 9 10 11 [ 12 40 30 30 40 70 30 10 70 Period Gross requirements On-hand at beginning of period On-hand at end of period Order receipt 40 7 D Order release

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