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		40		40	70	20		10	70		60

*Holding cost = $1.50/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		40		40	70	20		10	70
On-hand at beginning of period	40
On-hand at end of period
Order receipt
Order release

Gross Requirements for Period 12 is 60.