Question: Ruby-Star Incorporated is considering two different vendors for one of its top-selling products which has an average weekly demand of 30 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 30 units and is valued at $85 per unit. Inbound shipments from vendor 1 will average 330 units with an average lead time (including ordering delays and transit time) of 3 weeks. Inbound shipments from vendor 2 will average 530 units with an average lead time of 1 week. Ruby-Star operates 52 weeks per year; it carries a 3-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) Help me solve this View an example Get more help Clear all Check

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