Lee's Machine Shop has estimated net requirements for a particular part as follows:

Ordering cost associated with this part is $$600.$ Estimated inventory carrying cost is $$4$ per unit per month calculated on average inventory. Currently, no parts are available in inventory. The company wishes to know when and how much to order over the next $12$ months.

Apply Silver Meal, Lot$-$for$-$ Lot and optimization procedures to solve this problem. $|$