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Question 13 (3.04 points) What is the Total Annual Inventory Cost if the Q* is 590, annual demand is 22,931 cases, cost is $4.78
Question 13 (3.04 points) What is the Total Annual Inventory Cost if the Q* is 590, annual demand is 22,931 cases, cost is $4.78 per unit, ordering cost is $22 per order, and inventory holding cost (I) is 22%? Your Answer: Answer Question 14 (3.03 points) Below are the forecasts and actual demands for the first three months. What is the Mean Absolute Deviation (MAD) for these three months? Your Answer: Month 1 Month 2 Month 3 Forecast Actual 13 16 25 15 20 25 Answer
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