Question: These questions are Fully Complete, please solve them. a) b) Consider the following inventory problem. Cost per item: $11 Order and setup cost: $9 Holding

These questions are Fully Complete, please solve them.

a)

These questions are Fully Complete, please solve

b)

These questions are Fully Complete, please solve

Consider the following inventory problem. Cost per item: $11 Order and setup cost: $9 Holding cost per week: $4 charged on ending inventory. 1 2 3 4 5 6 7 Week Weekly Demand 4 5 6 5 7 3 7 Obtain the optimal inventory strategy based on the least total cost method. Consider the following inventory problem. Cost per item: $12 Order and setup cost: $5 Holding cost per week: $2 charged on ending inventory. 1 2 3 4 5 6 7 Week Weekly Demand 9 6 10 4 7 5 7 Obtain the optimal inventory strategy based on the least unit cost method. Consider the following inventory problem. Cost per item: $11 Order and setup cost: $9 Holding cost per week: $4 charged on ending inventory. 1 2 3 4 5 6 7 Week Weekly Demand 4 5 6 5 7 3 7 Obtain the optimal inventory strategy based on the least total cost method. Consider the following inventory problem. Cost per item: $12 Order and setup cost: $5 Holding cost per week: $2 charged on ending inventory. 1 2 3 4 5 6 7 Week Weekly Demand 9 6 10 4 7 5 7 Obtain the optimal inventory strategy based on the least unit cost method

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