Question: Question 2 00 9 Period 1 2 3 4 5 6 7 10 11 12 Gross 30 40 30 70 20 10 80 30 Requirements

Question 2 00 9 Period 1 2 3 4 5 6 7 10 11 12 Gross 30 40 30 70 20 10 80 30 Requirements * Holding cost = $2.50/unit/week; setup cost=$150; lead time = 1 week, beginning inventory = 40: stockout cost = $10. a) Develop a lot-for-lot solution and calculate total relevant costs for the data in the Table Q2. (4 m) b) Develop an EOQ solution and calculate total relevant costs for the data in the Table Q2. (6 m) c) Develop a POQ solution and calculate total relevant costs for the data in the Table Q2. (5 m) d) Using your answers for the lot sizes computed in Problems 2 (a to c), which is the best technique and why? (1 m)

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