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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Related Book For
Introduction To Materials Management
ISBN: 9780132337618
6th Edition
Authors: J. R. Tony Arnold, Chapman, Stephen N., Lloyd M. Clive
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