Question: Develop a lot-for-lot solution and calculate the total relevant costs for the gross requirements in the following table. *Holding cost= $1.50/unit/week; setup cost=$200; lead time
Develop a lot-for-lot solution and calculate the total relevant costs for the gross requirements in the following table.
Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table*. *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)
*Holding cost= $1.50/unit/week; setup cost=$200; lead time =1 week; beginning inventory= 40.
The Total cost is $_____
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