Question: Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table. D 2 3 4 8 9 10 11

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 2 3 4 8 9 10 11 12 Period 1 Gross requirements 20 5 6 7 7 40 80 30 30 10 70 50 "Holding cost = $3.50/unit/week: setup cost = $150: lead time = 1 week, beginning inventory = 40. Develop a lot-for-lot solution (unter your responses as whole numbers) 2 4 8 11 12 1 20 3 30 5 6 7 40 60 30 9 10 10 70 50 40 Period Gross requirements On-hand at beginning of period On-hand at end of period Order receipt Order release L M L = U

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