Question: Please use given MRP planning schedule for item to answer the following questions: Unit Cost $20 Setup cost $60 Inventory holding cost per week 1.5%

Please use given MRP planning schedule for item to answer the following questions: Unit Cost $20 Setup cost $60 Inventory holding cost per week 1.5% of unit cost Beginning inventory 60 Lead time 1 week 0 Week Demand 1 45 2 38 3 60 4 80 5 25 Select adequate EOQ model to calculate the optimal order quantity (round up to the nearest whole number). b. Indicate the correct net requirements, planned-order receipts, and planned order releases to meet the demand in the provided table. Calculate the total inventory holding cost and fixed ordering cost for these 5 weeks in the provided table c. 0 2 3 5 TC Week: Item: Gross require nents 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

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