Question: Problem 14.22 Develop a lot-for-ot solution and calculate total relevant costs for the gross requirements in the following table 1 3 4 5 6 7

Problem 14.22 Develop a lot-for-ot solution and
Problem 14.22 Develop a lot-for-ot solution and calculate total relevant costs for the gross requirements in the following table" 1 3 4 5 6 7 8 10 11 12 Period Gross requirements 20 40 30 70 20 10 80 60 *Holding cost = $1.50/unit/week, setup cost = $200; lead time = 1 week, beginning inventory = 40. Develop a lot-for-lot solution (enter your responses as whole numbers). 1 2 3 4 8 9 10 11 5 6 30 70 20 12 60 20 40 10 80 10 10 40 10 0 0 0 0 0 Period Gross requirements On-hand at beginning of period On-hand at end of period Order receipt Order release 0 0 10 10 0 0 0 0 0 0 0 0 0 40 30 70 20 0 20 0 80 60 0 20 0 40 70 20 0 20 80 0 60

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