Question: Consider the following two processes. Process 1 has inventory turns of 15 per month and Process 2 has inventory turns of 50 per year. If
Consider the following two processes. Process 1 has inventory turns of 15 per month and Process 2 has inventory turns of 50 per year. If each process has a throughput of 100 units per day. How much inventory is in process 1 and in process 2 respectively? Assume 30 days per month and 365 days per year. Show Calculation/ Explanation Process 1 inventory ______________________ Process 2 inventory ________________________
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