An industry consultant provides you with some information on local action. She tells you to forget the calculations above- they do not include other necessary information. Specifically, she shares with you that on an annual basis, cost of goods sold for local action is $971,231. Furthermore, your cycle stock is $10,500 (on average), your inventory average in units is 9,700 units, average supply lead time is 5 days, and average daily demand is 1267 units with a standard deviation of demand during lead time of 50 units.

Q- Based only on the consultant's information, how many inventory turns does local milk have per year?

1- 47

2- 92

3- The answer is not here

4- 100

Q- Based on the consultant's information, what would be the reorder point, not including safety stock

1- Every 5.1 days

2- 6325 units remaining

3- every 7.65 days

4- 2540 units remaining