Note:-Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.Answer completely.You will get up vote for sure. Question 1:Daily demand for an item is shown here. Assume a holding cost of RM0.50 per unit per day, a setupcost of RM100 per setup, a lead time of one day and 70 units on hand. Determine when a work ordershould be released for the item and the size of the order using the L4L, EOQ, and POQ lot sizingtechniques. Which technique produces the lowest total cost?PeriodGross Requirement12 3 4 5 6 7 8 9 1050 30 25 35 40 50 35 45 70 75

First find the EOQ.EOQ=[2*demand per day *cost of setup/cost of holding a unit per day]0.5…

Answered: . Which technique produces the lowest…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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