Question: Please answer correctly. I have used multiple questions on this question. 8 Using the POQ method of ordering, calculate the total cost of carrying and
Please answer correctly. I have used multiple questions on this question. 8
Using the POQ method of ordering, calculate the total cost of carrying and ordering inventory for the 6 week period shown. Assume POQ=3 weeks. First, determine the Planned Order Receipts and Ending Inventory in each week. Then use the following data to calculate your answer Cost to place an order =$100.00 Cost to carry inventory =$1.00 per unit per week Annual demand =1,500 units Cost per unit =$200.00 Opening inventory =0 units $140 $280 $440 $400 None of the above
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