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Venue has the following gross requirements: Week Requirements 1 2 3 4 5 6 50 60 30 50 90 80 55-2023/11/2 Setup cost of
Venue has the following gross requirements: Week Requirements 1 2 3 4 5 6 50 60 30 50 90 80 55-2023/11/2 Setup cost of Rs.200, inventory holding cost of Rs.6 per unit per week. There is no beginning inventory and there are no scheduled receipts. The demand pattern is expected to continue for the remainder of the year. Which is cheaper: lot-for-lot or fixed order of 60? [4]
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