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second question to this is What is the total cost? thank you. Develop a lot-for-lot solution...

second question to this is What is the total cost? thank you.

Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table" Period 12 3 4 5 6 7 8 9 10 11 12 Gross requirements20 30 40 60 20 10 80 60 Holding cost \$2.50/unit/week, setup cost \$150; lead time 1 week, beginning inventory 40 Develop a lot-for-lot solution (enter your responses as whole numbers). Period Gross requirements On-hand at beginning of period On-hand at end of period Order receipt Order release 1 2 3 4 5 6 7 8 9 10 11 12 20 30 40 60 20 10 80 60 40

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