Question: Show your work on the excel file below, update the names and upload. You are given the following information for the MRP table. Assume the

Show your work on the excel file below, update the names and upload.
You are given the following information for the MRP table. Assume the lead time is 1 week. The setup cost is $100 per setup and the holding cost is $0.50 per unit per week.
Given the Excel File below, use the Fixed period method to determine the MRP
EIN4333 FINAL MRP-XXXX LASTNAME FIRSTNAME.XISX +-
What is Lambda? / week
(round up to next integer, use this rounded up number in your EOQ calculation. For example, if Lambda is 31.23, use 32)
What is the EOQ? units (round up to next integer)
What is the Fixed Time Period?
weeks (round up to next integer)
What is the total cost (Setup + Holding)? $
 Show your work on the excel file below, update the names

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