Develop a lot-for-lot solution and calculate total relevant costs for the data in the following table.

Period	1	2	3	4	5	6	7	8	9	10	11	12
Gross requirements	30		40		30	70	20		10	80		50

Holding cost =$2.50/unit/week Holding cost =$2.50/unit/week; setup cost =$150setup cost =$15 0; lead time =1 week lead time =1 week; beginning inventory =40beginning inventory =40.