company has supplied the following data with respect to its three different types of fertilizers: FERTILIZER ANNUAL DEMAND SACKS 30000 20000 10000 AVERAGE INVENTORY SACKS 5000 3000 2000 COST PER SACK

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company has supplied the following data with

respect to its three different types of fertilizers:

FERTILIZER

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ANNUAL DEMAND

SACKS

30000

20000

10000

AVERAGE

INVENTORY

SACKS

5000

3000

2000

COST PER

SACK

3,5

10

15

70

77

90

10-10-10

16-16-16

20-10-5

15

Calculate (assuming 50 sales weeks annually):

  1. the inventory turnover and weeks of supply for each fertilizer
  2. the average inventory turnover and average weeks of supply.
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