A product has the following gross requirements. Which is cheaper, lot-for-lot or EOQ lot-sizing?
$$\begin{array} {| l | l | l | l | l | }
\hline \text { Week } & 1 & 2 & 3 & 4 \
\hline \text { Requirements } & 50 & 30 & 40 & 80 \
\hline
\end{array}$$ 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.

Question

A product has the following gross requirements. Which is cheaper, lot-for-lot or EOQ lot-sizing?
 $$\begin{array} {| l | l | l | l | l | } 
\hline \text { Week } & 1 & 2 & 3 & 4 \
\hline \text { Requirements } & 50 & 30 & 40 & 80 \
\hline
\end{array}$$ 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.

Quizplus · Accepted Answer

The Answer of A product has the following gross requirements. Which is cheaper, lot-for-lot or EOQ lot-sizing?
 $$\begin{array} {| l | l | l | l | l | } 
\hline \text { Week } & 1 & 2 & 3 & 4 \
\hline \text { Requirements } & 50 & 30 & 40 & 80 \
\hline
\end{array}$$ 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.

A Product Has the Following Gross Requirements Other Data for This Scenario Include: Setup Cost = $1000