Question: Develop a lot - for - lot solution and calculate the total relevant costs for the data in the following table. Period 1 2 3

Develop a lot-for-lot solution and calculate the total relevant costs for the data in the following table.
Period 123456789101112
Gross Requirements 3040307020108050
Holding cost =$2.50/unit/week Holding cost =$2.50/unit/week; setup cost =$150setup cost =$150; lead time =1 week lead time =1 week; beginning inventory =40beginning inventory =40.

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