Keebock, a maker of outstanding running shoes, keeps the soles of its size 13 running shoes in

Question:

Keebock, a maker of outstanding running shoes, keeps the soles of its size 13 running shoes in inventory for one period at a cost of $.25 per unit. The setup costs are $50. Beginning inventory is zero, and lead time is 1 week. Shown here are the net requirements per period.
Period 1 2 3 4 5 6 7 8 9 10 11 Net requirements 35 30 45 0 10 40 30 0 30 55 Determine Keebock’s cost based on

a) EOQ.

b) Lot-for-lot. lop5

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