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	30		30		40	60	30		10	70		60

*Holding

cost=$3.50/unit/week;

setup

cost=$150;

lead

time=1

week; beginning

inventory=40.

Develop a lot-for-lot solution

(enter

your responses as whole

numbers).

Period

1

2

3

4

5

6

7

8

9

10

11

12

Gross requirements

30

30

40

60

30

10

70

60

On-hand at beginning of period

40

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On-hand at end of period

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Order receipt

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Order release

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