Question: Keebock, a maker of outstanding running shoes, keeps the soles of its size-13 running shoes in inventory for one period at a cost of $.25 per unit. The setup costs are $50. Beginning inventory is zero and lead time is 1 week. Shown below are the net requirements per period.
|
Period
|
1
|
2
|
3
|
4
|
5
|
6
|
7
|
8
|
9
|
10
|
11
|
|
Net requirements
|
|
35
|
30
|
45
|
0
|
10
|
40
|
30
|
0
|
30
|
55
|
Determine Keebock's cost based on
a) EOQ.
b) Lot-for-lot.
c) Part period balancing (PPB).
Please show the step