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# (Solved): Ordering cost =\$250, inventory holding cost \$2 per unit per week. There are 120 units beginning inve ...

Ordering cost

`=\$250`

, inventory holding cost

`\$2`

per unit per week. There are 120 units beginning inventory; there are no scheduled receipts at the beginning;

`EOQ=`

`=1`

week,,,,,,],[,1,2,3,4,5,6],[Gross requirements,50,80,90,50,30,60],[On Hand Inventory,,,,,,],[NET Requirements,,,,,,],[Planned recelpts,,,,,,],[Planned orders,,,,,,]] Hint: Inventory carrying cost

`=`

Sum (cost per unit per week

`x`

ending inventory of a week ) Ordering cost

`=`

ordering cost per order

`x#`

of orders Using lot for lot method, what are your inventory carrying and ordering costs? Carrying

`=\$140`

, Ordering

`=\$1,250`

Carrying

`=\$1,970`

, Ordering

`=\$125`

Carrying

`=\$120`

, Ordering

`=\$1,460`

Carrying

`=\$129`

, Ordering

`=\$1,132`

Carrying

`=\$450`

, Ordering

`=\$390`

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