Question: Consider the following data for a dynamic lot sizing problem. Week 1 2 3 4 Demand 2500 3000 2000 2500 Unit holding cost is $0.5

Consider the following data for a dynamic lot sizing problem.

Week

1

2

3

4

Demand

2500

3000

2000

2500

Unit holding cost is $0.5 per week, ordering cost is $1500 per order, and purchasing cost is $10 per unit.

Determine the optimal lot sizing policy by Wagner-Whitin method. (please do not solve with excel)

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