1. A company uses 12,000 units per year, orders in quantities of 1,000 units and keeps a 200 units safety stock. What is their average inventory turnover?
17.14
24
12
10
2. Inventory turnover = 6, ACP = 40 days and APP = 22 days. The operating cycle is
123 days.
101 days.
79 days.
46 days.