Drilling into 2 3/4" MDF

[hwd_woodworking]

I am in the processes of getting my shopbot. I am also lining up some work for my shop. One of my sources wants me to glue up two 1" pieces and one 3/4" piece of mdf in a 4' x 4' sq. then drill about 90 holes into it all about 5/8" to 1/2" and some slightly smaller. My question is can this be a job for the shopbot or are the holes to small and to deep. Also should I attempt this with one bit or should I have an assortment of bits of the proper size and keep changing the bits out. In all I believe there are 5 different hole sizes.

Any suggestions out there?
Thank you Nate