Question: 1. Complete the following inventory record using the L4L. 2. Complete the following inventory record using the POQ, P=2. 3. Which is the better

1. Complete the following inventory record using the L4L. 2. Complete the

1. Complete the following inventory record using the L4L. 2. Complete the following inventory record using the POQ, P=2. 3. Which is the better policy based on the average inventory held? ATTACH YOUR SOLUTION AND SHOW YOUR WORK. 1 2 Gross 55 requirements Scheduled 140 140 receipts Projected on-hand inventory Planned receipts Planned order releases 20 Lead Time: 2 weeks Week 3 4 6 7 8 45 40 40 70 70 70 70 70 70 20

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