Question: Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table 11 8 9 10 3 12 1 2.

 Develop a lot-for-lot solution and calculate total relevant costs for the

Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table 11 8 9 10 3 12 1 2. 4 Period Gross requirements 5 6 7 30 70 30 60 20 30 10 80 *Holding cost = $3.50/unit/week setup Cost = $200, lead time = 1 week beginning inventory = 40 Develop a lot for lot solution (enter your responses as whole numbers) 2. 1 11 . 3 4 8 9 10 12 | 5 6 7 30 70 30 10 30 60 80 20 40 Period Gross requirements On hand at beginning of period On hand at end of period Order receipt Order release

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