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 6 30 70 7 20 9 10 1080 12 50 "Holding cost $2.50/unit/week, setup cost $150, load time=1 week, beginning inventory = 40 Develop a lot-for-lot solution (enter your responses as whole numbers) 1 2 4 7 8 3 40 5 6 30 70 9 10 11 10 80 12 50 30 20 40 Period Gross requirements On-hand at beginning of period On-hand at end of period Order receipt Order release The total cost is (enter your response as a whole number)

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