Question: Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table*. Period 1 2 3 4 5 6 7

Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table*. Period 1 2 3 4 5 6 7 8 9 10 11 12 Gross requirements 30 30 40 70 30 10 70 50 *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). Period 1 2 3 4 5 6 7 8 9 10 11 12 Gross requirements 30 30 40 70 30 10 70 50 On-hand at beginning of period 40 On-hand at end of period Part 3 The total cost is $

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

Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table*. *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). The total cost is $ (enter your response as a whole number)

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