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

Use the table below that shows the costs for

Use the table below that shows the costs for order quantities that would cover week 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 Ordering Quantity Ordered Carrying Cost Cost Total Cost 1 50 $0 $140 $140 1-2 110 $30 $140 $170 1-3 180 $100 $140 $240 1-4 230 $150 $140 $290 $320 1-5 290 $180 $240 $140 $140 1-6 360 $380 o 360 0 290 50 O 180 230 O 110

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