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15-16. Given 150 units of beginning inventory, a lead time of one period, an ordering cost of $400 per order, and a holding cost of
15-16. Given 150 units of beginning inventory, a lead time of one period, an ordering cost of $400 per order, and a holding cost of $2 per unit per period, determine which lot sizing technique (LAL., EOQ or POQ) would result in the lowest total cost for the following demand data. Period Gross Requirements 100 90 85 70 150 200 300 250
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