Question: B) Total Cost is?? Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table*. 1 2 3 4

B) Total Cost is?? Develop a lot-for-lot solutionB) Total Cost is??

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 12 Period Gross requirements 30 40 30 70 20 10 80 60 *Holding cost = $1.50/unit/week; setup cost = $200; lead time = 1 week; beginning inventory = 40. Develop a lot-for-lot solution (enter your responses as whole numbers). 1 2 3 4 5 6 7 8 9 10 11 12 | 30 40 30 70 TO 20 10 80 60 Period Gross requirements On-hand at beginning of period 40 On-hand at end of period Order receipt II N N Order release

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