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QUESTION 13 ID lot sizing with lot for lot Consider the following requirements for a certain product. Period Gross requirements 2 3 4 5

QUESTION 13 ID lot sizing with lot for lot Consider the following requirements for a certain product. Period Gross requirements 2 3 4 5 6 7 00 8 0 200 200 00 500 0 400 0 400 Beginning inventory 300 units Setup cost $300 per setup Lead time 1 week Holding cost $5 per unit per week What is the total relevant costs? 2540 3200 1500 3500

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