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 8

 Develop a lot-for-lot solution and calculate total relevant costs for the

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 8 9 10 11 12 Gross requirements 20 40 40 70 20 10 70 50 *Holding cost = $1.50/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 4 5 6 7 8 9 10 11 12 3 [ 5| 20 40 40 70 20 10 70 50 40 40 20 20 0 0 0 0 0 0 0 0 0 Gross requirements On-hand at beginning of period On-hand at end of period Order receipt 20 20 0 0 0 0 0 0 0 0 0 0 0 20 0 40 70 20 0 10 70 0 50 Order release 0 20 0 40 70 20 0 10 70 0 50 The total cost is $ (enter your response as a whole number). 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 8 9 10 11 12 Gross requirements 20 40 40 70 20 10 70 50 *Holding cost = $1.50/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 4 5 6 7 8 9 10 11 12 3 [ 5| 20 40 40 70 20 10 70 50 40 40 20 20 0 0 0 0 0 0 0 0 0 Gross requirements On-hand at beginning of period On-hand at end of period Order receipt 20 20 0 0 0 0 0 0 0 0 0 0 0 20 0 40 70 20 0 10 70 0 50 Order release 0 20 0 40 70 20 0 10 70 0 50 The total cost is $ (enter your response as a whole number)

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