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Month 1 2 3 14 5 16 7 Requirement 100 150 200 150 100 150 250 Holding cost = $0.75/unit/month; setup cost = $150; lead

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Month 1 2 3 14 5 16 7 Requirement 100 150 200 150 100 150 250 Holding cost = $0.75/unit/month; setup cost = $150; lead time = 2 months; no beginning inventory Based on the data given in the table above, use each lot-sizing technique below to calculate its total relevant costs for the 7 months. (a) Lot-for-lot (b) EOQ (c) Part Period Balancing

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