Question: Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table*. 2 4 8 11 Period Gross requirements 1

Develop a lot-for-lot solution and calculate

Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table*. 2 4 8 11 Period Gross requirements 1 | 30 3 40 5 30 6 70 7 20 9 10 10 80 12 50 *Holding cost = $2.50/unit/week; setup cost = $150; 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 40 30 70 2 10 80 50 On-hand at beginning of period | 40 | NNNNNNNNNNNN On-hand at end of period Order receipt Order release Enter your answer in the edit fields and then click Check

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