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Develop a EOQ solution and calculate total relevant costs for the gross requirements in the following table 1 2 3 4 30 Period Gross requirements 20 Setup cost for 12 weeks is $ Carrying cost for 12 weeks is What is the average demand per week? (enter your responses with 2 decimal places): 1 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) "Holding cost $1.50/unit/week; setup cost-$150; lead time-1 week; beginning inventory 40 Period Gross requirements Scheduled receipt Projected On-hand Net Requirements Planned Order receipt Planned Order release (enter your response as a whole number). $(enter your response as a whole number). The total cost is $(enter your response as a whole number) 40 1 20 2 5 6 7 8 9 40 20 30 20 20 3 30 4 10 11 12 50 5 6 78 40 20 30 9 10 11 12 20 20 50

Develop a EOQ solution and calculate total relevant costs for the gross requirements in the following table 1 2 3 4 30 Period Gross requirements 20 Setup cost for 12 weeks is $ Carrying cost for 12 weeks is What is the average demand per week? (enter your responses with 2 decimal places): 1 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) "Holding cost $1.50/unit/week; setup cost-$150; lead time-1 week; beginning inventory 40 Period Gross requirements Scheduled receipt Projected On-hand Net Requirements Planned Order receipt Planned Order release (enter your response as a whole number). $(enter your response as a whole number). The total cost is $(enter your response as a whole number) 40 1 20 2 5 6 7 8 9 40 20 30 20 20 3 30 4 10 11 12 50 5 6 78 40 20 30 9 10 11 12 20 20 50

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Develop a EOQ solution and calculate total relevant costs for the gross requirements in the following table". Period 1 2 3 30 Gross requirements 20 "Holding cost-$1.50/unit/week; setup cost What is the average demand per week? (enter your responses with 2 decimal places): 1 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) Setup cost for 12 weeks is $ Carrying cost for 12 weeks is Period Gross requirements Scheduled receipt Projected On-hand Not Requirements Planned Order receipt Planned Order release (enter your response as a whole number) (enter your response as a whole number). The total cost is $(enter your response as a whole number) 40 1 20 2 4 5 6 7 8 40 20 30 $150; lead time 1 week; beginning inventory-40- 3 4 30 5 6 7 40 20 30 9 10 11 12 20 20 50 8 9 10 11 20 20 12 50
Transcribed Image Text:Develop a EOQ solution and calculate total relevant costs for the gross requirements in the following table". Period 1 2 3 30 Gross requirements 20 "Holding cost-$1.50/unit/week; setup cost What is the average demand per week? (enter your responses with 2 decimal places): 1 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) Setup cost for 12 weeks is $ Carrying cost for 12 weeks is Period Gross requirements Scheduled receipt Projected On-hand Not Requirements Planned Order receipt Planned Order release (enter your response as a whole number) (enter your response as a whole number). The total cost is $(enter your response as a whole number) 40 1 20 2 4 5 6 7 8 40 20 30 $150; lead time 1 week; beginning inventory-40- 3 4 30 5 6 7 40 20 30 9 10 11 12 20 20 50 8 9 10 11 20 20 12 50
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