Question: Given the following data, calculate a level production plan, quarterly ending inventory, and average quarterly inventory. If inventory carrying costs are $3 per unit per

Given the following data, calculate a level production plan, quarterly ending inventory, and average quarterly inventory. If inventory carrying costs are $3 per unit per quarter, what is the annual carrying cost? Opening and ending inventories are zero.

Forecast Demand Production Ending Inventory Average Inventory Inventory Cost Quarter 1 3000

Forecast Demand Production Ending Inventory Average Inventory Inventory Cost Quarter 1 3000 Quarter 2 4000 Quarter 3 6500 Quarter 4 6500 Totals

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