Question: QUESTION 1 The H.A.L. Computer Store sells a printer for $230. Demand for this is constant during the year, and monthly demand is forecasted to

QUESTION 1 The H.A.L. Computer Store sells a printer for $230. Demand for this is constant during the year, and monthly demand is forecasted to be 52 units. The holding cost is $22 per unit per year, while the cost of ordering is $45 per order. Currently, the company is ordering 12 times per year (60 units each time). There are 260 working days per year and the lead-time is 7 days. REMEMBER TO EXPLICITLY WRITE THE FORMULAS USED. a.) Given the current policy of ordering 60 units at a time, what is the total of the annual ordering cost and the annual holding cost? b.) If the company used the absolute best inventory policy, what would the total of the ordering and holding cost be

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