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=$150; lead time=1 week; beginning inventory=40.

\begin{tabular}{l|cccccccccccc} \hline Period & 1 & 2 & 3 & 4 & 5 & 6 & 7 & 8 & 9 & 10 & 11 & 12 \\ \hline Gross requirements & 30 & & 30 & & 30 & 60 & 30 & & 10 & 80 & & 60 \\ \hline \end{tabular} \begin{tabular}{l|c|cccccccccccc} \hline Period & 1 & 2 & 3 & 4 & 5 & 6 & 7 & 8 & 9 & 10 & 11 & 12 \\ \hline Gross requirements & 30 & & 30 & & 30 & 60 & 30 & & 10 & 80 & 60 \\ \hline On-hand at beginning of period & 40 & & & & & & & & & & & & \\ \hline On-hand at end of period & & & & & & & & & & & \\ \hline Order receipt & & & & & & & & & & & \\ \hline Order release & & & & & & & & & & & \\ \hline \end{tabular}