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 policy

1. Complete the following inventory record using

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. Lead Time: 2 weeks Week 1 2 3 4 5 6 7 8 Gross requirements 55 20 45 40 70 70 70 70 Scheduled receipts 140 Projected on-hand inventory 20 Planned receipts Planned order releases

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