Part A. Manufacturer "A" has had a consistent constant demand of 50 items/week for one of their popular inventory items. Their inventory policy of ( 35,260 ) has worked well but a safety stock of zero was used and changes are being considered. Question 1. What is their inventory period in months, lead time in weeks, order frequency in years, and turnover rate in quarters? T LT F TR Answer Months Weeks Years Quarters A. 0.7 0.4 2.5 5 1.2 0.7 10 5 0.7 1.2 10 20 1.2 0.7 2.5 20 None of the above Question 2. Concern was expressed over the zero safety stock. Discussion included inquiries about changes in the inventory policy and inventory turnover rate due to an increase in the safety stock. If the safety stock was increased, then how many statements are correct? (A)0 (B)1 (C)2 (D) 3 (E) 4 Statement A. If the safety stock was increased, then the reorder point would increase. Statement B. If the safety stock was increased, then the lot size would remain unchanged. Statement C. If the safety stock was increased, then the turnover rate would remain unchanged. Statement D. If the safety stock was increased, then the inventory period would remain unchanged