Week number Requirements Order quantity Beginning inventory Ending inventory Average inventory # 2) 1 10 2 44 3 70 4 30 5 50 6 60 a) For the above Demand data and an order cost of $350 and holding cost of 4 per unit per week, determine lot size using Periodic Order Quantity model. Compute the resulting ordering cost and holding cost. (2 points)

a) For the above Demand data and an order cost of $350 and holding cost of 4 per unit per week, determine lot size using Periodic Order Quantity model. Compute the resulting ordering cost and holding cost. ( 2 points)