Question: The total cost is $nothing (enter your response as a whole number). Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements

The total cost is

$nothing

(enter

your response as a whole

number).

The total cost is $nothing (enter your response

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 20 30 30 60 20 10 80 60 *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). 1 2 4 5 6 7 8 9 10 11 12 3 30 20 30 60 20 10 80 60 Period Gross requirements On-hand at beginning of period On-hand at end of period Order receipt 40 40 20 20 0 0 0 0 0 0 0 0 0 20 20 0 0 0 0 0 0 0 0 0 0 0 10 0 30 60 20 0 10 80 0 60 Order release 0 10 0 30 60 20 0 10 80 0 0 60 The total cost is $ (enter your response as a whole number)

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