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 $0 25 per unit. The setup costs are $50. Beginning inventory is zero and lead time is 1 week.
|
Period
|
0
|
1
|
2
|
3
|
4
|
5
|
6
|
7
|
8
|
9
|
10
|
|
Net Requirement
|
|
35
|
30
|
45
|
0
|
10
|
40
|
30
|
0
|
30
|
55
|
Shown below are the net requirements per period
Keebock's cost based on EOQ is_______$ (round your response to two decimal places).
where units demanded is the sum of the net requirements and the number of periods is 10.)