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3. Consider the following requirements for a certain product 1 5 Period Gross requirements 2 200 3 200 4 500 6 400 NO 8 400

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3. Consider the following requirements for a certain product 1 5 Period Gross requirements 2 200 3 200 4 500 6 400 NO 8 400 0 0 Beginning inventory = 500 units Setup cost-$500 per setup Lead time = 1 week Holding cost-$3 per unit per week a) Develop the EOQ MRP table. Calculate the total relevant costs. b) Develop the EPP MRP table. Calculate the total relevant costs

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