Time left $1$

Using the POQ method of ordering, calculate the total cost of carrying and ordering inventory for the $6$ week period shown. Use a POQ $=3$ weeks for your answer.

Week

$\backslash$table$[[1,2,3,4,5,6],[60,40,10,50,20,30]]$

Net requirements

Planned order receipts

Ending inventory

Cost to place an order $=$$$100\mathrm{.}00$

Cost to carry inventory $=$$$1\mathrm{.}00$ per unit per week

Annual demand $=1,500$ units.

Cost per unit $=$$$200\mathrm{.}00$

Opening inventory $=0$ units

Select one:

a$.$ $$140$

b$.$ $$280$

c$.$ $$340$

d$.$ $$400$