Question: Please help me with the solution in detailed manner with written format The following is a partial MRP table. Based on the information provided, an

Please help me with the solution in detailed manner with written format

The following is a partial MRP table. Based on the information provided, an inventory holding cost of $0.53 per unit per week and a setup cost of $159 per order, what would be the planned order release for week 2 using an EOQ lot sizing approach? Week Gross Requirements Scheduled Receipts On-Hand Inventory Net Requirements Time Phased Net Requirements Planned Order Releases 0 1 2 3 4 5 10 30 20 15 20 40 10 40 10 0 0 0 0 0 10 15 20 10 15 20 0 0

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