Question: 4 = 83 6 = 84 An item has a unit purchase cost of $ 25, and ordering cost per order of $50, and a

4 = 83

6 = 84

An item has a unit purchase cost of $ 25, and ordering cost per order of $50, and a holding cost fraction per period of 0.02. Using the data below: Period 1 2 3 4 5 6 7 8 Demand (units) 10 20 30 50 30 50 Determine the order sizes by the Periodic Order Quantity (POQ). Provide the ordering schedule and cumulative variable costs in a table format just like seen in this module. The demand for periods 4 and 8 will be your last four digits of your student number if your student number is 45678, the demand for period 4 is 56 and for period 8 is 78)

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