Question: Not: Please solve this question by explaining in the excel, thanks. Q2) The time-phased net requirements over the next 6 weeks, the setup cost and

Not: Please solve this question by explaining in

Not: Please solve this question by explaining in the excel, thanks.

Q2) The time-phased net requirements over the next 6 weeks, the setup cost and the holding cost per unit of a product per week are given in the tables below. You may assume 52 weeks per year. Week 1 2 3 4 5 6 Time Phased Net Requirements 275 240 225 350 264 225 250 Setup cost Holding cost 0.2 a) Determine the lot sizes using EOQ formula and complete MRP tables given for this product. Calculate the holding and setup costs. Make it in excel according to the table below. Period Demand On hand inventory Planned Order Receipts Planned Order Releases

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