Question: 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

Develop a lot-for-lot solution and calculateDevelop 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*.

Period

1

2

3

4

5

6

7

8

9

10

11

12

Gross requirements

3030

4040

4040

6060

3030

1010

8080

6060

*Holding

costequals=$2.502.50/unit/week;

setup

costequals=$200200;

lead

timeequals=1

week; beginning

inventoryequals=40.

Develop a lot-for-lot solution

(enter

your responses as whole

numbers).

Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table* Period 2 4 8 11 1 30 3 40 5 6 40 60 7 30 9 10 10 80 12 60 Gross requirements *Holding cost = $2.50/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 2 4 8 11 1 30 3 40 5 40 6 60 7 30 9 10 10 80 12 60 Gross requirements On-hand at beginning of period | 40 On-hand at end of period Order receipt Order release O 0 0 0 0 0 0 0 0 0 0 The total cost is $ (enter your response as a whole number)

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