Question: A firm practices a level strategy based on the next year's quarterly demand. With an initial inventory level of 0 . demand over the next

A firm practices a level strategy based on the next year's quarterly demand. With an initial inventory level of 0 . demand over the next four quarters is estimated to be 480,800,1,000, and 1,200 . Inventory carrying cost equals $8 per unit per quarter. Over the next year, what will be the sum of inventory carrying costs? A. $6,960 B. $3,680 C. $9.440 D. $27,840 E. $0

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