Question: 2 . Inventory Policies under the Optimal Model It is known that finished products have a high turnover and that NutriFoods faces problems with stock
Inventory Policies under the Optimal Model It is known that finished products have a high turnover and that NutriFoods faces problems with stockouts and excess inventory. Question: a Design an optimal inventory policy for finished products using the EOQ Economic Order Quantity model. Consider: Annual demand: units. Cost of holding inventory: $unit per year. Cost of ordering: $order Typical Deviation: units Lead time: days b Explain how you would apply FEFO policies to avoid obsolescence problems. Inventory Turnover Estimation The company needs to monitor inventory turnover to optimize its working capital. Question: a Calculate the inventory turnover ratio for finished products, considering: Annual Cost of Sales: $ Average Inventory: $ b How could you improve this indicator and what measures would you recommend?
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