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

Develop a lot-for-lot solution and calculate total relevant costs for tho 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 20 70 50 "Holding cost = $1.50/unit/week; setup cost $200, lead time = 1 week; beginning inventory - 40 Develop a lot-for-lot solution (ontor 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 20 70 50 Scheduled receipt Projected On-hand 40 Net Requirements Planned Order receipt Planned Order release The total cost is $ (enter your response as a whole number)

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