5 Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table". 9 10 20 80 Period 1 Gross requirements 30 2 Period Gross requirements On-hand at beginning of period 40 On-hand at end of period. Order receipt Order release 3 30 Develop a lot-for-lot solution (enter your responses as whole numbers). 2 1 30 4 5 6 7 30 70 30 "Holding cost $3.50/unit/week; setup cost-$150; lead time 1 week; beginning inventory = 40. 3 30 8 TO 4 5 6 7 8 30 70 30 -8 11 9 12 50 10 11 20 80 12 50

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Hh1.

 

=
Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table".
Period
1
Gross requirements 30
2 3
12
30
50
"Holding cost $3.50/unit/week; setup cost $150; lead time=1 week; beginning inventory = 40.
4
Develop a lot-for-lot solution (enter your responses as whole numbers).
Period
2
Gross requirements
On-hand at beginning of period 40
On-hand at end of period
Order receipt
Order release
1
30
86
30
5
6
7
30 70 30
4
69
E
8
5
7
30 70 30
9
10
20 80
8
11
9
20
O
10
80
11 12
50
Transcribed Image Text:= Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table". Period 1 Gross requirements 30 2 3 12 30 50 "Holding cost $3.50/unit/week; setup cost $150; lead time=1 week; beginning inventory = 40. 4 Develop a lot-for-lot solution (enter your responses as whole numbers). Period 2 Gross requirements On-hand at beginning of period 40 On-hand at end of period Order receipt Order release 1 30 86 30 5 6 7 30 70 30 4 69 E 8 5 7 30 70 30 9 10 20 80 8 11 9 20 O 10 80 11 12 50
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