Question: Need help with problem 30! Assume the following inventory demand forecast: Assume that carrying costs on average inventory are $0.50 per unit per time period

Need help with problem 30!

Need help with problem 30! Assume the following inventory demand forecast: Assume

Assume the following inventory demand forecast: Assume that carrying costs on average inventory are $0.50 per unit per time period and that purchase order costs are $50 per order. Determine the total inventory costs over the 12 time periods if the LFL lot-sizing technique is used. Using the data as given in problem 27, determine the total inventory costs if the EOQ lot-sizing approach is used. Repeat problem 28 but use the POQ approach. Repeat problem 28 but use the SM lot-sizing approach. Repeat problem 28 but use the PPB lot-sizing approach. Assume the following inventory demand forecast: Assume that carrying costs on average inventory are $0.50 per unit per time period and that purchase order costs are $50 per order. Determine the total inventory costs over the 12 time periods if the LFL lot-sizing technique is used. Using the data as given in problem 27, determine the total inventory costs if the EOQ lot-sizing approach is used. Repeat problem 28 but use the POQ approach. Repeat problem 28 but use the SM lot-sizing approach. Repeat problem 28 but use the PPB lot-sizing approach

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