Question: Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table* 1 2 3 4 5 6 7 8

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* 1 2 3 4 5 6 7 8 12 Period Gross requirements 9 10 11 20 70 30 30 40 70 20 60 *Holding cost = $3.50/unit/week, setup cost = $200; lead time = 1 week, beginning inventory = 40. Develop a lot-for-lot solution (enter your responses as whole numbers). 1 2 3 4 5 7 8 9 10 11 sa 5 6 40 70 08 12 60 30 30 20 20 70 40 Period Gross requirements On-hand at beginning of period On-hand at end of period Order receipt Order release SEE

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