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Author Question: A product has the following gross requirements. Which is cheaper, lot-for-lot or EOQ ... (Read 46 times)

NClaborn

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Question 1

A product has the following gross requirements. Which is cheaper lot-for-lot, part period balance, or EOQ lot sizing?

Week123456
Requirements508090503060

Other data for this scenario include: setup cost = $250, inventory holding cost $2 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 2

A product has the following gross requirements. Which is cheaper, lot-for-lot or EOQ lot-sizing?

Week1234
Requirements50304080

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.


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Marked as best answer by NClaborn on Dec 3, 2019

mceravolo

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NClaborn

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Reply 2 on: Dec 3, 2019
YES! Correct, THANKS for helping me on my review


steff9894

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Reply 3 on: Yesterday
Excellent

 

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