Question: Suppose the following item is being managed using a fixed - order quantity model with safety stock. a . Annual demand ( D ) =

Suppose the following item is being managed using a fixed-order quantity model with safety stock.
a. Annual demand (D)=1000 units
b. Order quantity (Q)=300 units
c. Safety Stock (SS)=40 units
What are the average inventory level and inventory turnover for the item per year?

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