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Week 1 2 3 4 5 6 7 8 9 1 0 Gross requirements 7 0 6 0 6 0 9 0 4 0 8
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Gross requirements
The table above shows the gross requirements of a product. You are also given the following information: Holding cost $week; OrderingSetup cost $; Lead time week; SS; Beginning on hand inventory Calculate the total cost that includes the ordering cost and the holding cost when you use the LL lot sizing rule?
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