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Consider the Following Requirements for an Office Chair Product

Question 4

Multiple Choice

Consider the following requirements for an office chair product. Consider the following requirements for an office chair product. The company has a setup cost of $90, a holding cost per week of $5, beginning inventory of 300, and lead time of 2 weeks. What is the total inventory cost (setup plus holding) of using a lot-for-lot policy for this six-week inventory period? A) $1770 B) $1500 C) $270 D) $1680 E) $3270 The company has a setup cost of $90, a holding cost per week of $5, beginning inventory of 300, and lead time of 2 weeks. What is the total inventory cost (setup plus holding) of using a lot-for-lot policy for this six-week inventory period?


A) $1770
B) $1500
C) $270
D) $1680
E) $3270

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