Question: Marge Inoferror, materials manager at Inoferror Enterprises, has determined her company's financial information as follows: . Annual revenue = $1,000,000 Annual COGS = $760,000 (which

Marge Inoferror, materials manager at Inoferror
Marge Inoferror, materials manager at Inoferror Enterprises, has determined her company's financial information as follows: . Annual revenue = $1,000,000 Annual COGS = $760,000 (which includes Labor cost = $40,000, Material cost = $520,000, and Overhead cost = $200,000) Average inventory (encompassing all different inventory types) = $800,000 Order lead time (LT) = 5 weeks Order frequency = monthly Assuming there are 52 working weeks a year. (1) the current lot/batch size (Q), expressed in $ amount, is $ (2) . . average cycle inventory level is $ and (3) pipeline inventory level is $ Please round each of your answers to the nearest whole number

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