Question: Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table*. The total cost is S (enter your response

Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table*. The total cost is S (enter your response as a whole number). Period 1 Gross requirements 30 4 5 30 70 20 *Holding cost = $2.50/unit/week; setup cost = $200; lead time = 1 week, beginning inventory = 40. Develop a lot-for-lat solution (enter your responses as whole numbers). Period Gross requirements Scheduled receipt Projected On-hand Net Requirements Planned Order receipt Planned Order release 40 2 1 30 3 40 2 3 40 GESAH 6 7 8 4 5 30 6 70 20 9 20 80 7 8 10 11 MANU 9 20 80 D 12 50 10 11 HIR 12 50 MA

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