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

Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table*PeriodGross requirementsHolding cost =$2.50/unit/week; setup cost =$200; lead time =1week; beginning inventory =40.Develop a lot-for-lot solution (enter your responses as whole numbers),PeriodGross requirementsOn-hand at beginning of periodOn-hand at end of periodOrder receiptOrder releas

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