Question: Develop a lot-for-lot solution and calculate total relevant costs for the data in the preceding table. *Holding cost = $2.50/unit/week; setup cost = $150; lead

Develop a lot-for-lot solution and calculate total relevant costs for the data in the preceding table.

Develop a lot-for-lot solution and calculate total relevant cost

*Holding cost = $2.50/unit/week; setup cost = $150; lead time = 1 week; beginning inventory =40.

1 2 3 4 5 6 7 8 9 10 1 12 Period Cross requirements 30 40 30 70 20 10 80 50

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