A product has the following gross requirements. What is the total cost for four weeks using EOQ lot-sizing? Week 1 2 3 4 Requirements 50 30 40 80 Other data for this scenario include: setup cost = $1000, inventory holding cost $1 per unit per week. There is no beginning inventory; there are no scheduled receipts. The usage pattern is expected to continue for the remainder of the year. $2,495 $1,680 $2,884 $2,150 $1,265