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.
Determine Keebock’s cost based on
a) EOQ.
b) Lot-for-lot.
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Soluton A Total demand over 10 periods 353045010403003055 275 Average demand per period 27510 275 EO...View the full answer
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Related Book For 
Operations Management Sustainability And Supply Chain Management
ISBN: 9780135173626
13th Edition
Authors: Jay Heizer, Barry Render, Chuck Munson
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