5) Develop a lot-for-lot solution and calculate total relevant costs for the data in the following...

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5) Develop a lot-for-lot solution and calculate total relevant costs for the data in the following table. Period Gross requirements 40 1 2 3 4 5 6 7 30 30 70 20 8 9 10 11 12 10 80 50 Holding cost =$2.50/unit/week Holding cost $2.50/unit/week; setup cost $150setup cost =$15 0; lead time =1 week lead time =1 week; beginning inventory =40beginning inventory =40. 5) Develop a lot-for-lot solution and calculate total relevant costs for the data in the following table. Period Gross requirements 40 1 2 3 4 5 6 7 30 30 70 20 8 9 10 11 12 10 80 50 Holding cost =$2.50/unit/week Holding cost $2.50/unit/week; setup cost $150setup cost =$15 0; lead time =1 week lead time =1 week; beginning inventory =40beginning inventory =40.