Question: Apply Lot-for-Lot by using the data given in Table 1 . Calculate the holding cost and setup cost. The following data is to be used

 Apply Lot-for-Lot by using the data given in Table 1 .

Apply Lot-for-Lot 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-for-Lot

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