Question: : Given the following, using EOQ. i. Calculate total holding cost for nine weeks ii. Calculate total setup cost for nine weeks Week 1 2

: Given the following, using EOQ.

i. Calculate total holding cost for nine weeks ii. Calculate total setup cost for nine weeks

Week 1 2 3 4 5 6 7 8 9 Gross requirements 0 35 35 40 0 0 45 30 35 Projected on hand Net requirements Planned order receipts Planned order releases Setup cost $100, Holding cost $1 per week

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