A Product Has the Following Gross Requirements Other Data for This Scenario Include: Setup Cost = $300

Essay

A product has the following gross requirements. Which is cheaper, lot-for-lot or EOQ lot-sizing?
$$\begin{array} { | l | l | l | l | l | } \hline \text { Week } & 1 & 2 & 3 & 4 \\\hline\text { Requirements } & 30 & 30 & 40 & 20 \\\hline\end{array}$$ Other data for this scenario include: setup cost = $300, inventory holding cost $9 per unit per week. There is no beginning inventory; there are no scheduled receipts. The usage pattern is expected to continue for the remainder of the year.