Question: Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following tablo 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 tablo" Period 1 2 3 4 5 6 7 8 9 10 11 12 Gross requirements 30 40 40 70 30 10 70 60 "Holding cost $1.50/unit week setup cost = $200. lead time = 1 week, beginning inventory 40. Develop a lot-forlot solution (enter your rosponses as whole numbers). Period 2 3 4 5 6 7 8 9 10 11 12 Gross requirements 30 40 40 7030 10 70 60 On-hand at beginning of period 40 48 30 30 0 0 0 0 0 0 0 0 0 On-hand at end of period 30 30 0 o 0 0 0 0 0 0 0 0 Ordor receipt 0 10 0 40 7030 0 10 70 0 60 Order release 0 10 0 40 70 30 0 10 70 0 60 1

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