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Question
A product has the following gross requirements. Which is cheaper, lot-for-lot or EOQ lot-sizing?
| Week | 1 | 2 | 3 | 4 |
| Requirements | 50 | 30 | 40 | 80 |
Other data for this scenario include: setup cost = $1000, inventory holding cost $1 per unit per week. There is no beginning inventory; there are no scheduled receipts. The usage pattern is expected to continue for the remainder of the year.
Answer
This answer is hidden. It contains 313 characters.
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