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

60

units.

Period

1

2

3

4

5

6

7

8

9

10

11

12

Gross

requirements

45

0

45

15

40

50

25

0

10

70

0

40

The economical order quantity (EOQ) is

5050

units (round your response to the nearest whole

number).

Compute the projected on-hand inventory, the net requirement, and the planned receipt (enter your responses as whole numbers).

Level:

Parent:

Quantity:

Item:

Lead Time: 1

Lot Size: EOQ

Week No.

1

2

3

4

5

6

7

8

9

10

11

12

Gross requirements

45

0

45

15

40

50

25

0

10

70

0

40

Scheduled receipt

Projected on-hand inventory

60

15

15

19

4

13

nothing

nothing

nothing

nothing

nothing

nothing

Net requirements

0

0

30

0

36

37

nothing

nothing

nothing

nothing

nothing

nothing

Planned order receipts

nothing

nothing

nothing

nothing

nothing

nothing

nothing

nothing

nothing

nothing

nothing

nothing

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