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This assignment provides the opportunity for you to practice using a variety of forecasting models to predict future demand, as well as using inventory management formulas found in fixed-order quantity and fixed-time period systems to calculate ordering costs, ROP, EOQ, and order quantity.
Complete the following textbook problems. Be sure to show all of your work and submit the assignment as one Word (or similar word processing program) document. • Chapter 8: problems 1, 3, 5, 12, 14 (attached) • Chapter 9: problems 2, 3, 7, 9, 10 (attached)