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


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

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.