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 1 2 3 4 5 6

Net requirements 60 25 15 50 25 35

Planned order receipts

Ending inventory

Cost to place an order = $80.00

Cost to carry inventory = $1.00 per unit per week

Annual demand = 1,500 units

Cost per unit = $200.00

Opening inventory = 0 units