company has supplied the following data with respect to its three different types of fertilizers: FERTILIZER ANNUAL DEMAND SACKS 30000 20000 10000 AVERAGE INVENTORY SACKS 5000 3000 2000 COST PER SACK
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company has supplied the following data with
respect to its three different types of fertilizers:
FERTILIZER
ANNUAL DEMAND
SACKS
30000
20000
10000
AVERAGE
INVENTORY
SACKS
5000
3000
2000
COST PER
SACK
3,5
10
15
70
77
90
10-10-10
16-16-16
20-10-5
15
Calculate (assuming 50 sales weeks annually):
- the inventory turnover and weeks of supply for each fertilizer
- the average inventory turnover and average weeks of supply.
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