Question: Quick ans 5. Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table. 1 2 3 4 Period

Quick ansQuick ans 5. Develop a lot-for-lot solution and

5. Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table. 1 2 3 4 Period Gross requirements 5 6 7 8 9 10 11 12 30 40 30 60 30 10 70 50 *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 5 6 7 30 40 30 60 30 Period Gross requirements On-hand at beginning of 40 period On-hand at end of period Order receipt Order release The total cost is s (enter your response as a whole number)

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