Question: . Suppose the following item is managed using a fixed - order quantity model with safety stock. The price of each unit is 3 0

. Suppose the following item is managed using a fixed-order quantity model with safety stock. The price of each unit is 30 dollars
a. Annual demand (D)=1000
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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