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The inventory management costs for a certain product are S=$50 to order, and H=$0.2 to hold for a year. Annual demand is 4800 units. Consider

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The inventory management costs for a certain product are S=$50 to order, and H=$0.2 to hold for a year. Annual demand is 4800 units. Consider the following ordering plans: (a) order all 2400 at one time, (b) order 600, and (c) order 200. Calculate the annual holding, setup, and total costs associated with each plan and decide which plan is the best option. Please, fill the table above and circle the best option

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