(MPS) as shown below: (Initial inventory = 170 units, Ordering cost = $300 per order, Lead time = 1 week, Holding cost = $2 per unit per week. No penalty cost for shortage/stock-outs.) Part: Period 23 4 5 Gross requirements 100 170 200 150 10 Develop an ordering plan and costs for this plant using the following techniques. a) Develop the lot-for-lot MRP table and calculate the total relevant costs. (3 points) Lot-for-Lot Lot Sizing o 1 2 3 4 5 Gross requirements 100 170 200 150 10 Scheduled receipts Projected available (Begining.) 170 Inv. On hand (End of period) Net requirements Planned order receipts Planned order releases Lead time = 1 wk Lot size= Holding Cost = Ordering Cost = Total Cost = 3 5 10 170 b) Develop the Economic Order Quantity (EOQ) lot sizing technique. (Assume EOQ = 250) (3 points) EOQ Lot Sizing (EOQ = 0 1 2 4 Gross requirements 100 170 200 150 Scheduled receipts Projected available (Beg.) Inv. On hand (End of period) Net requirements Planned order receipts Planned order releases Lead time = 1 wk Lot size=1 Holding Cost = Ordering Cost = Total Cost = 0 1 2 5 C) Develop the Periodic Order Quantity (POQ) lot sizing technique. (POQ Interval = 3 weeks) (3 points) POQ Interval = 3 wks POQ Lot Sizing 3 4 Gross requirements 100 170 200 150 10 Scheduled receipts Projected available (Beg.) 170 Inv. On hand (End of period) Net requirements Planned order receipts Planned order releases Lead time = 1 wk Lot size=1 Holding Cost = Ordering Cost = Total Cost = d) Among the three lot sizing techniques above, which one is the best strategy with the lowest cost? (1 point)