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		30	60	30		10	80		50

*Holding cost=$1.50/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	60	30		10	80		50
On-hand at beginning of period	40	nothing	nothing	nothing	nothing	nothing	nothing	nothing	nothing	nothing	nothing	nothing	nothing
On-hand at end of period
Order receipt
Order release