Problem 14.22

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	7	8	9	10	11	12
Gross requirements	2020		4040		3030	6060	3030		1010	7070		5050

*Holding

costequals=$2.502.50/unit/week;

setup

costequals=$200200;

lead

timeequals=1

week; beginning

inventoryequals=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		2020		4040		3030	6060	3030		1010	7070		5050
On-hand at beginning of period	40
On-hand at end of period
Order receipt
Order release