Question: a. The following table shows nancial data (year 2009) for two US retailers: Save-A-Lot Retailers and Wally's Mart. Assume that both companies have an average

 a. The following table shows nancial data (year 2009) for two

a. The following table shows nancial data (year 2009) for two US retailers: Save-A-Lot Retailers and Wally's Mart. Assume that both companies have an average annual holding cost rate of 20% (Le. it costs both retailers $2 to hold an Item for one entire year that they procured for $10). Save-A-Lot Wally's Mart inventories (SMM) 5,743 40,694 Sales (net $MM) 59,217 397,206 COGS ($MM) 53,962 316,606 How many days, on average, does a product sra y In 5a ve-A-Lot's inventory before It [5 sold? Assume that stores operate 355 days a year. 99@m60633

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