Question: Develop an EOQ solution and calculate total relevant costs for the data in the following table. Stockout costs equal $10 per unit. Holding cost is
Develop an EOQ solution and calculate total relevant costs for the data in the following table. Stockout costs equal
$10
per unit. Holding cost is
$4.00/unit/week;
setup cost is
$170;
lead time is
1
week;
beginning inventory is
55
units.
Period 1 2 3 4 5 6 7 8 9 10 11 12 Gross requirements 45 0 45 0 20 70 25 0 5 45 0 60
The economical order quantity (EOQ) is
nothing
units (round your response to the nearest whole
number).
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