Question: Develop an EOQ solution and calculate total relevant costs for the data in the preceding table Data Table for Problems 14.22 through 14.25* PERIOD |

Develop an EOQ solution and calculate total relevant costs for the data in the preceding table

Data Table for Problems 14.22 through 14.25* PERIOD | 1 | 2 | 3 | 4 5 6 7 8 Gross requirements 30 40 30 70 20 9 10 11 12 10 80 50 * Holding cost = $2.50/unit/week; setup cost = $150; lead time = 1 week; beginning inventory = 40; stockout cost = $10

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