Question: 2- Considering the data given in the table below for the product X, find out when and how much order should be given according to

2- Considering the data given in the table below

2- Considering the data given in the table below for the product X, find out when and how much order should be given according to the Economic Order Quantity (EOQ) and the Least Unit Cost (LUC) methods, and compare the results of these two methods. (30p) Note: Ordering cost: 100 TL /week, Holding cost: 1 TL.unit /week Item: X LT=1 1 2 3 4 5 6 7 8 Initial Invent ory On hand 20 30 50 50 60 90 40 60 Gross Requirement Scheduled receipts 50 Projected on hand 40 Net Requirement Planned order receipts Planned order releases 2- Considering the data given in the table below for the product X, find out when and how much order should be given according to the Economic Order Quantity (EOQ) and the Least Unit Cost (LUC) methods, and compare the results of these two methods. (30p) Note: Ordering cost: 100 TL /week, Holding cost: 1 TL.unit /week Item: X LT=1 1 2 3 4 5 6 7 8 Initial Invent ory On hand 20 30 50 50 60 90 40 60 Gross Requirement Scheduled receipts 50 Projected on hand 40 Net Requirement Planned order receipts Planned order releases

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