Question: Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table*. Period123456789101112Gross requirements30 40 307020 2070 50 *Holding cost=$3.50/unit/week;
Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table*.
Period123456789101112Gross requirements30 40 307020 2070 50
*Holding
cost=$3.50/unit/week;
setup
cost=$150;
lead
time=1
week; beginning
inventory=40.
Part 2
Develop a lot-for-lot solution
Develop a lot-for-lot solution
(enter
your responses as whole
numbers).
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