Question: QUESTION 14 Please use given MRP planning schedule for item to answer the following questions: SR $45 Unit Cost Setup cost Inventory holding cost per

QUESTION 14 Please use given MRP planning
QUESTION 14 Please use given MRP planning schedule for item to answer the following questions: SR $45 Unit Cost Setup cost Inventory holding cost per week Beginning inventory Lead time 2% of unit cost 10 1 week 0 1 3 4 5 Week Demand 2 22 18 55 46 17 1 4 5 TC 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 2 3 Item: Gross requirements OH: Scheduled receipts LT: Projected available balance SS: Net requirements 0: Planned order receipts Planned order releases Inventory Holding Cow Fixed Ordering Set-up Cost

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