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Develop a EOQ solution and calculate total relevant costs for the gross requirements in the following table*. Period Gross requirements 5 6 7 8 9
Develop a EOQ solution and calculate total relevant costs for the gross requirements in the following table*. Period Gross requirements 5 6 7 8 9 30 20 30 *Holding cost = $2.50/unit/week; setup cost = $150; lead time = 1 week; beginning inventory = 40. $ The total cost is $ Period Gross requirements Scheduled receipt Projected On-hand Setup cost for 12 weeks is $ Carrying cost for 12 weeks is Net Requirements Planned Order receipt Planned Order release What is the average demand per week? (enter your responses with 2 decimal places): Calculate Economic Order Quantity (EOQ) (enter your responses as whole numbers): Calculate the number of periods for POQ (enter your responses as whole numbers): Develop a POQ solution (enter your responses as whole numbers). 1 30 (enter your response as a whole number). 2 40 1 30 3 40 (enter your response as a whole number). 4 2 (enter your response as a whole number). 3 40 10 10 20 11 4 5 6 7 8 9 30 20 30 10 12 50 10 11 12 20 50
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