Please use given MRP planning schedule for item J to answer the following questions:

Unit Cost	$8
Setup cost	$45
Inventory holding cost per week	2% of unit cost
Beginning inventory	30
Lead time	1 week

Week	0	1	2	3	4	5
Demand		18	22	55	46	17

a. Select adequate EOQ model to calculate the optimal order quantity________ (round-up the decimal to integer).

b. Indicate the correct net requirements, planned-order receipts, and planned order releases to meet the demand in the provided table

c. Calculate the total inventory holding cost and fixed ordering cost for these 5 weeks in the provided table (keep two decimals for the costs).

		Week:	0	1	2	3	4	5	TC
Item:	J	Gross requirements
OH:		Scheduled receipts
LT:		Projected available balance
SS:		Net requirements
Q:		Planned order receipts
		Planned order releases
Inventory Holding Cost
Fixed Ordering/Set-up Cost