Question: Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table. D 1 2 3 4 5 6 7

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". D 1 2 3 4 5 6 7 8 9 10 11 12 Period Gross requirements 20 40 40 70 20 10 80 60 *Holding cost = $2.50/unit/week; setup cost = $200; load time = 1 wook; beginning inventory = 40. Develop a lot-for-lot solution (enter your responses as whole numbers). Period 2 4 6 7 9 10 11 1 20 3 40 5 40 12 60 70 20 10 80 40 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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