Question: Use the table below that shows the costs for order quantities that would cover week 1, weeks 1-2, weeks 1-3 and so on up to

Use the table below that shows the costs for
Use the table below that shows the costs for order quantities that would cover week 1, weeks 1-2, weeks 1-3 and so on up to covering weeks 1-6. If using a least total cost lot sizing technique, what would the production quantity be in week 1? Weeks Quantity Ordered Carrying Cost Total Cost 1 50 $0 $30 110 1-2 1-3 1-4 Ordering Cost $40 $40 $40 $40 $40 $40 180 $40 $70 $140 $190 $220 $280 $100 $150 $180 $240 230 1-5 290 1-6 360 O 180 O 360 50 110 0 230 O 290

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