Question: Given the following data: Period 1 2 3 4 5 6 7 8 Gross Requirements 23 20 14 14 12 17 10 12 The beginning

Given the following data: Period 1 2 3 4 5 6 7 8 Gross Requirements 23 20 14 14 12 17 10 12 The beginning inventory is 0 and there are no scheduled receipts. The order cost is 21 and the holding cost is $1 per part per period. What are the order costs over the 8 periods using the lot-for-lot size rule?

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