Question: Ruby-Star Incorporated is considering two different vendors for one of its top-selling products which has an average weekly demand of 40 units and is valued

Ruby-Star Incorporated is considering two

Ruby-Star Incorporated is considering two different vendors for one of its top-selling products which has an average weekly demand of 40 units and is valued at $70 per unit. Inbound shipments from vendor 1 will average 390 units with an average lead time (including ordering delays and transit time) of 2 weeks. Inbound shipments from vendor 2 will average 510 units with an average lead time of 1 week. Ruby-Star operates 52 weeks per year, it carries a 2-week supply of inventory as safety stock and no anticipation inventory a. The average aggregate inventory value of the product if Ruby-Star used vendor 1 exclusively is $ (Enter your response as a whole number.)

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