Question: QUESTION 3 Week 1 2 3 4 5 6 7 8 9 10 11 12 Gross 40 0 50 0 40 80 30 0 20

QUESTION 3 Week 1 2 3 4 5 6 7 8 9 10 11 12 Gross

QUESTION 3 Week 1 2 3 4 5 6 7 8 9 10 11 12 Gross 40 0 50 0 40 80 30 0 20 90 0 60 Demand *Holding cost = RM 3.45/unit/week, set up cost = RM 140 Beginning inventory = 40 Develop a lot-for-lot solution and calculate total relevant costs for the data in the preceding table. *Answer in excel is acceptable

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