Question: Setup Cost = $613 per setup Holding cost = $0.12 per unit per week Week 1 2 3 4 5 6 7 8 9 10

Setup Cost = $613 per setup

Holding cost = $0.12 per unit per week

Week 1 2 3 4 5 6 7 8 9 10 11 12
Requirements 194 410 149 340 382 207 118 458 165 324 329 187
Order Quantity
Beg. Inventory
End Inventory
Setup Cost
Holding Cost
Total Holding Cost

Determine the holding cost for Week 1 given the order quantity is EOQ based on the average demand for the 12 weeks available.

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