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Part $1$

Consider the following requirements for an office chair product.

Week

$1$

$2$

$3$

$4$

$5$

$6$

Gross requirements

$150$

$80$

$300$

$0$

$350$

$200$

The company has a setup cost of$$ $$50,$ a holding cost per week of $ $8,$ beginning inventory of$400,$ and lead time of $2$ weeks. What is the total inventory holding cost of using a$$ lot$-$for$-$lot policy for this$$ six$-$week inventory$$ period?

Part $2$

A$.$$ $3$ comma $060$

$ $3$ comma $060$

B$.$$ $3$ comma $510$

$ $3$ comma $510$

C$.$$ $3$ comma $360$

$ $3$ comma $360$

Your answer is correct.D$.$$ $7$ comma $360$

$ $7$ comma $360$

E$.$$ $3$ comma $610$

$ $3$ comma $610$