Part B: What is Total Cost?

Problem 14.22 Question Help Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table*. 2 4 8 Period Gross requirements 11 1 30 3 30 5 40 6 60 7 20 9 10 10 80 12 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). 12 50 Period 1 1 2 3 4 5 6 7 8 9 10 11 Gross requirements 30 30 40 60 20 10 80 On-hand at beginning of period | 40 || M U N D O On-hand at end of period MMO Order receipt Order release OOO OOO OOOOO