PLEASE SHOW WORK FOR QUESTION 6

Question 4 8 pts For Questions 4, 5, 6 and 7, use the following information: Prefab, a furniture manufacturer, uses 20,000 square feet of plywood per year, 12 months per year. Its trucking company charges Prefab $400 per shipment, independent of the quantity purchased. The manufacturer offers an all unit quantity discount with a price of $1 per square foot for orders 5,000 or under, $0.96 per square foot for orders larger than 5,000 square feet but not larger than 10,000 square feet, and $0.94 per square foot for orders larger than 10,000 square feet. Prefab incurs a holding cost of 20 percent. Question 6 8 pts What is the cycle inventory of plywood at Prefab? Between 4,500 and 4,600 More than 4,800 Between 4,700 and 4,800 Between 4,600 and 4,700 Less 4,500