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QUESTION
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
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.
