1. 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