Question: Typed Answer please A company forecast weekly demand for certain equipment as follows, Week 1 2 3 4 5 6 7 Demand 8 10 7

Typed Answer please A company forecast weekly

Typed Answer please

A company forecast weekly demand for certain equipment as follows, Week 1 2 3 4 5 6 7 Demand 8 10 7 6 15 5 4 8 12 9 9 10 14 11 5 Week Demand 12 13 1 8 14 4 15 11 16 10 17 6 18 8 19 5 20 16 21 14 22 4 7 Each equipment cost $160, it costs $800 to place an order and get delivery, and holding cost is 8% of the value a week. Design a reasonable ordering policy for the equipment. How much does this cost a year

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