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	20		40		40	70	30		20	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

20

40

40

70

30

20

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

nothing

nothing

nothing

nothing

nothing

nothing

nothing

nothing

nothing

nothing

nothing

nothing

Order receipt

nothing

nothing

nothing

nothing

nothing

nothing

nothing

nothing

nothing

nothing

nothing

Order release

nothing

nothing

nothing

nothing

nothing

nothing

nothing

nothing

nothing

nothing

nothing