Question: Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table. Develop a lot-for-lot solution (enter your responses as

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". Develop a lot-for-lot solution (enter your responses as whole numbers). The total cost is $(enter your response as a whole number). Period 1 Grass requirements 30 "Holding cost-$2.50/unit/week setup cost=$150; lead time=1 week beginning inventory=40. 2 3 40 D 5 6 7 8 9 10 11 12 30 70 20 10 80 50 12 30 Period Gross requirements 40 On-hand at beginning of period 40 On-hand at end of period Order receipt | Order release 4 5 6 7 30 70 20 T 8 T J T 10 11 12 50 9 10 80 U T

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