Question: can someone please explain how the answer 1,710 is the correct answer? Becuase the explanation below is doesn't really explain it The table above shows

can someone please explain how the answer 1,710 is the correct answer?

can someone please explain how the answer 1,710 is the correct answer? Becuase the explanation below is doesn't really explain it

The table above shows the gross requirements of a product. You are also given the following information: Holding cost = $4/ week; Ordering(Setup) cost =$85; Lead time =1 week; SS=0; Beginning on hand inventory =140. Calculate the total cost that includes the ordering cost and the holding cost when you use the L4L lot sizing rule? Only enter a number without any units. Round your answer to nearest whole number.) 1,710 (with margin: 5) Total ordering cost=unit ordering cost x number of order =856. Total holding cost=unit holding cost x total held inventory =4300 in this case. Therefore, the answer is sum of these two costs

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