Question: 8 . Develop a lot - for - lot solution and calculate total relevant costs for the gross requirements in the following table * .

8. Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following
table*.
Period 123456789101112
Gross requirements 2040406030208060
*Holding cost = $3.50/unit/week; setup cost = $150; lead time =1 week; beginning inventory =40.
Develop a lot-for-lot solution (enter your responses as whole numbers).
Period 12345

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