If annual demand is 10,000 units, ordering cost is $50/order, and carrying cost is 25% of the $100 unit cost, calculate the Total Annual Cost for an order quantity of 1,000 units [8].
Given the sales for the last 4 months: Jan (100), Feb (120), Mar (110), Apr (130). Calculate the forecast for May using a 3-month moving average. supply chain management midterm exam questions