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Unformatted text preview: Average Inventory is simply beginning inventory plus ending inventory divided by 2 You should post the completed sheets into your memo Add up number of units demanded for total Add up number of work days Add up monthly outputs Beginning inventory is equal last periods ending inventory Carrying cost is equal to average inventory times per unit carrying cost correct output, you might have hiring/firing costs also to get to correct amount of output...
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- Fall '07
- Management, Harshad number, inventory carrying cost