Question: QUESTION 22 Please use given MRP planning schedule for item) to answer the following questions: Unit Cost $20 Setup cost $60 1.5% of unit cost

QUESTION 22 Please use given MRP planning

QUESTION 22 Please use given MRP planning schedule for item) to answer the following questions: Unit Cost $20 Setup cost $60 1.5% of unit cost Inventory holding cost per week Beginning inventory 60 Lead time 1 week Week 0 1 2 3 4 5 Demand 45 38 60 80 25 a. 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. c. Calculate the total inventory holding cost and fixed ordering cost for these 5 weeks in the provided table Week: 0 2 3 4 5 TC Item: OH: Gross requirements Scheduled receipts Projected available balance LT: SS: Net requirements Q: Planned order receipts Planned order releases Inventory Holding Cost Fixed Ordering/Set-up Cost

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