Question: Please, post step-by-step procedure 5. Apply the part period balancing (PPB) lot-sizing procedure to the following 12 periods of requirements data, indicating order receipts' size

Please, post step-by-step procedurePlease, post step-by-step procedure 5. Apply the

5. Apply the part period balancing (PPB) lot-sizing procedure to the following 12 periods of requirements data, indicating order receipts' size and period. Assume order costs are $100/order placed and inventory carrying cost is $1/unit/period. Calculate the inventory carrying costs on the basis of ending inventory values. 1 Requirements 70 2 3 30 35 4 60 Period 5 6 60 25 9 10 11 12 70 80 55 7 8 35 70 45

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