Question: Develop a lot-for-tot 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-tot 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 70 30 20 70 60 "Holding cost - $1.50/unit/wook: sotup 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 70 30 20 70 60 On-hand at beginning of period 40 On-hand at end of period Order receipt Order release - 1 Enter your answer in the edit fields and then click Check

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