Hip Replacements, Inc., has a master production schedule for its newest model, as shown on page 626,

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Hip Replacements, Inc., has a master production schedule for its newest model, as shown on page 626, a setup cost of $50, a holding cost per week of $2, beginning inventory of 0, and lead time of 1 week. What are the costs of using

(a) EOQ and (b)

POQ for this 10-week period?

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