Question: The total cost is ... Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table. 2 3 4

The total cost is ... Develop a lot-for-lot The total cost is ...

Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table. 2 3 4 Period Gross requirements 1 30 5 6 7 40 60 20 8 9 10 11 12 20 80 60 30 *Holding cost = $3.50/unit/week; setup cost = $150; lead time = 1 week; beginning inventory = 40. Develop a lot-for-lot solution (enter your responses as whole numbers). 2 3 4 5 6 7 8 9 10 11 12 1 30 30 40 60 20 20 80 60 40 Period Gross requirements On-hand at beginning of period On-hand at end of period Order receipt Order release

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