Question: Develop a lot-for-lot solution and calculate total relevant costs for the 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 the gross requirements in the following table Period 1 2 3 4 5 6 7 8 9 10 11 12 Gross requirements 20 40 40 70 30 20 70 50 "Holding cost=$2.50/unit/wook, setup cost=5150, lead time = 1 week, beginning inventory = 40 Develop a lot-for-lot solution (enter your responses as whole numbers) 3 4 CO 11 7 30 10 70 12 50 1 2 20 40 20 2020 Period Gross requirements On-hand at beginning of period On-hand at end of period Order receipt Order release 40 40 20 10 10 88 9 20 0 0 5 6 40 70 0 0 30 60 60 30 ODO CROSS 0 0 0 Room O SO O 0 OOO 10 30 50 1070 70 0 10 0 30 0 10 50 Question Viewer

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