Question: Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table. 1 2 3 4 5 6 7 8

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". 1 2 3 4 5 6 7 8 9 10 11 12 Period Gross requirements 20 30 40 70 30 20 70 50 "Holding cost = $3.50/unit/week, setup cost = $200; lead time = 1 week; beginning inventory = 40. Develop a lot-for-lot solution (enter your responses as whole numbers). 2 4 5 00 9 11 12 6 7 70 30 10 70 20 30 40 20 50 Period Gross requirements On-hand at beginning of period 40 On-hand at end of period Order receipt Order release

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