A product has the following gross requirements. Which is cheaper, lot-for-lot or EOQ lot-sizing?
Other data for this scenario include: setup cost = $1000, inventory holding cost $1 per unit per week. There is no beginning inventory; there are no scheduled receipts. The usage pattern is expected to continue for the remainder of the year.

Question

A product has the following gross requirements. Which is cheaper, lot-for-lot or EOQ lot-sizing?
  Other data for this scenario include: setup cost = $1000, inventory holding cost $1 per unit per week. There is no beginning inventory; there are no scheduled receipts. The usage pattern is expected to continue for the remainder of the year.

Quizplus · Accepted Answer

The Answer of A product has the following gross requirements. Which is cheaper, lot-for-lot or EOQ lot-sizing?
  Other data for this scenario include: setup cost = $1000, inventory holding cost $1 per unit per week. There is no beginning inventory; there are no scheduled receipts. The usage pattern is expected to continue for the remainder of the year.

A Product Has the Following Gross Requirements