Suppose we have the following quarterly demand forecast for a particular product family: Quarter 2 3 4 Forecast 600 800 1200 1000 Further suppose that: 1) entering Quarter 1, we had 100 units in Inventory: 2) we are pursuing a "Level" production strategy, 3) we wish to have units in inventory at the end of Quarter 4; and 4) in a given quarter Inventory holding is charged at rate of $225 per unit of "average" inventory lile. (beginning + ending/21 The total inventory holding cost incurred over this planning horizon falls into which of the following ranges? Not in excess of $1.500 In excess of $1,500 but not in excess of $2,000 In excess of $2,000 but not in excess of $2,500 In excess of $2.500