The table shows the gross requirements of a product. You are also given the following information: Holding cost = $2/week; Ordering (Setup) cost = $95; Lead time = 1 week; SS=0; Beginning on hand inventory=190. Calculate the total cost that includes the ordering cost and the holding cost when you use the L4L lot sizing rule.

The table shows the gross requirements of a product. You are also given the following information: Holding cost = $2/week; Ordering (Setup) cost = $95; Lead time = 1 week; SS=0; Beginning on hand inventory=190. Calculate the total cost that includes the ordering cost and the holding cost when you use the L4L lot sizing rule.

Marketing

20th Edition

ISBN:9780357033791

Author:Pride, William M

Publisher:Pride, William M

Chapter19: Pricing Concepts

Section: Chapter Questions

Problem 6DRQ

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