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The solution produced by the part period balancing method suggests that we place an order for 36 units in January, 60 units in February, 85 units in March, 50 units in April (that would cover the demand for April and May), and 75 units in June. The total inventory cost for the planning horizon is $736. Solved Problem 5.2 Monthly demand for an item over 6 months is 32, 19, 12, 15, 23, and 12 units respectively. Using the Part Period Balancing method, determine the total inventory cost if the holding cost is $1.5 per unit per month and the ordering cost is $40 per order. h28 Table 5.7 Part-period balancing solution summary Month Order quantity Ordering cost Holding cost Inventory cost January 36 $80 $31.50 $111.50 February 60 580 S52.50 $132.50 March 85 $80 $74.38 S154.38 April 50 580 $112.00 $192.00 May June 75 $80 $65.63 $145.63 Total Inventory Cost (TIC) S400 $336,01 $736.01