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 30 60 20 20 80 60

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
Gross requirements 30 30 30 60 20 20
On-hand at beginning of period 40 enter your response here enter your response here enter your response here enter your response here enter your response here enter your response here enter your response here enter your response here enter your response here
On-hand at end of period enter your response here enter your response here enter your response here enter your response here enter your response here enter your response here enter your response here enter your response here enter your response here
Order receipt enter your response here enter your response here enter your response here enter your response here enter your response here enter your response here enter your response here enter your response here
Order release enter your response here enter your response here enter your response here enter your response here enter your response here enter your response here enter your response here

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