Also, what is the total cost? $___

Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table* 1 2 3 4 5 6 7 8 9 10 11 Period Gross requirements 12 50 30 30 40 70 20 10 80 *Holding cost = $1.50/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 1 2 3 4 5 6 7 8 9 10 11 12 30 30 40 70 20 10 80 50 40 Gross requirements On-hand at beginning of period On-hand at end of period Order receipt Order release