Holding cost is $2.50/unit/week (period)

setup cost: $175

Lead time 1 week

beginning inventory 50

stockout cost=$10

Period	1	2	3	4	5	6	7	8	9	10	11	12
Gross Requirements	30	20	40	10	40	60	20	80	10	90	70	10

1. Develop a lot for lot solution and calculate total relevant costs for the data in the above tables.

2. Develop a EOQ solution and calculate total relevant costs for the data in the above tables.

3. Develop a POQ solution and calculate total relevant costs for the data in the above tables.

4. Using the data above which is the best technique and why?