Question: Solve the EOQ and POQ for this case for inventory management Table 1: Example of POS's inventory balance report EPM's sample summary of inventory category

Solve the EOQ and POQ for this case for inventory management

Solve the EOQ and POQ for this case for inventory management Table1: Example of POS's inventory balance report EPM's sample summary of inventorycategory balance report Cut-off date: 9th February 2022 \begin{tabular}{llc} Category Balance &Details & 'Quantity Balance \\ FR & Spectacle frames & 564 \\

Table 1: Example of POS's inventory balance report EPM's sample summary of inventory category balance report Cut-off date: 9th February 2022 \begin{tabular}{llc} Category Balance & Details & 'Quantity Balance \\ FR & Spectacle frames & 564 \\ SG & Sunglasses & 223 \\ CL & Contactlenses & 516 \\ SOL & Contactlenses solution & 28 \\ LENS & Spectacle lenses & 480 \\ LENS CARE & Lenses spray & 11 \\ \hline \end{tabular} Table 2: POS's sample of inventory aging report layout Table 3: Sample coding for eyewear products Note: Items 3 to 6 have no buffer stock as EPM fully utilises the inventories

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