Given the following data, calculate a level production plan, quarterly ending inventory, and average quarterly inventory. If inventory carrying costs are $6 per unit per quarter, what is the annual carrying cost? Opening and ending inventory are zero.

Quarter 1 Quarter 2 Quarter 3 Quarter 4 Totals $
Forecast Demand 5000 8000 8000 9000 Production Ending Inventory Average Inventory Inventory Cost If the company always carries 100 units of safety stock, what is the annual cost of carrying it? LO.1