Question: Please show all the work. The following items are being managed using a fixed time period model with safety stock. Weekly Demand = 60 units,
Please show all the work.
The following items are being managed using a fixed time period model with safety stock. Weekly Demand = 60 units, Review cycle is 4 weeks, and safety stock is 40 units. What are the average inventory level and inventory return for the item?
A. 19.5 turns per year
B. 26 turns per year
C. 5.8 turns per year
D. 7.0 turns per year
E. None of these
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