A product has the following gross requirements. Which is cheaperlot-for-lot or EOQ lot sizing?
Week
1
2
3
4
5
6
Requirements
50
80
90
50
30
60
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.