PERIOD Gross 1 2 3 4 5 6 7 8 9 10 11 12 requirements 30 40 30 70 20 02 10 80 *Holding cost = $2.50/unit/week; setup cost = $150; lead time = 1 week; beginning inventory = 40; stockout cost = $10. 50

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Develop an EOQ solution and calculate total relevant  costs for the data in the preceding table.  

PERIOD
Gross
1 2 3 4 5 6 7 8 9 10 11 12
JEHERE
30
requirements
30 70 20
10 80
TAT
*Holding cost $2.50/unit/week; setup cost = $150; lead time = 1 week;
beginning inventory = 40; stockout cost = $10.
40
50
Transcribed Image Text:PERIOD Gross 1 2 3 4 5 6 7 8 9 10 11 12 JEHERE 30 requirements 30 70 20 10 80 TAT *Holding cost $2.50/unit/week; setup cost = $150; lead time = 1 week; beginning inventory = 40; stockout cost = $10. 40 50
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