Question: Apply Lot sizing with Economic Order Quantity (EOQ) by using the data given in Table 1. Calculate the holding cost and setup cost. The following

Apply Lot sizing with Economic Order Quantity (EOQ) by using the data given in Table 1. Calculate the holding cost and setup cost. The following data is to be used for solving the problem: S= Setup cost $120 H= Holding cost $3 per week. Lead time =1 week Table 1. Data for Lot sizing

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