Given the following data, calculate a level production plan, quarterly ending inventory, and average quarterly inventory. If

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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 inventory are zero.

Quarter 1 Quarter 2 Quarter 3 Quarter 4 Totals $
Forecast Demand 3000 4000 7000 6000 Production Ending Inventory Average Inventory Inventory Cost LO.1

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Introduction To Materials Management

ISBN: 9780132337618

6th Edition

Authors: J. R. Tony Arnold, Chapman, Stephen N., Lloyd M. Clive

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