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 9 10 11 12 Period Gross requirements 20 30 40 60 30 10 70 50 *Holding cost = $1.50/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 12 20 30 40 60 30 10 70 50 40 Period Gross requirements On-hand at beginning of period On-hand at end of period Order receipt Order release

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