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Given the follwing data, calculate a level production plan, quarterly ending inventory, and average quarterly inventory. If inventory carrying cost are $6 per unit per
Given the follwing data, calculate a level production plan, quarterly ending inventory, and average quarterly inventory. If inventory carrying cost are $6 per unit per quarter, what is the annual carrying cost?Opening and ending inventory are zero.
Forecast Demand: Quarter 1=5000 Quarter 2=7000 Quarter 3=8500 Quarter 4=9500
If the company always carries 100 units of safety stock, what is the annual cost of carrying it?
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