Question: Setup Cost = $713 per setup Holding cost = $0.28 per unit per week Week 1 2 3 4 5 6 7 8 9 10

Setup Cost = $713 per setup

Holding cost = $0.28 per unit per week

Week 1 2 3 4 5 6 7 8 9 10 11 12 Requirements 307 217 131 489 219 213 209 257 427 458 427 234 Order Quantity Beg. Inventory End Inventory Setup Cost Holding Cost Total Holding Cost If you are going to use Part Period Balancing and just order enough for Weeks 1 and 2, what will be the combined holding cost for Weeks 1 and 2?

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