Question: Lead time = 1 period; setup costs = $ 2 5 0 ; holding cost = $ 1 5 per week; stockout cost = $

Lead time =1 period; setup costs = $250; holding cost = $15 per week; stockout cost = $10 per week. Develop an ordering plan and costs for James, using these techniques:
a) Lot-for-lot.
b) EOQ.
c) POQ.
d)Which plan has the lowest cost?

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