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The Gross Requirements of an item produced in a LeoCo is as follows: Lead time = 1 period, Set - up costs = $ 2

The Gross Requirements of an item produced in a LeoCo is as follows:
Lead time =1 period, Set-up costs =$200, Holdiing cost =$10 per week,
Stock-out cost =$10 per week. Inventory at the beginning of period 1=
30 units.
Show in a table the ordering plans and other details for the following
two lot sizing techniques: (a)Lot-for-lot and (b)EOQ. Which plan has the
least cost? Show/explain every calculation.|
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