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Ruby-Star Incorporated is considering two different vendors for one of its? top-selling products which has an average weekly demand of 60 units and is valued at $60 per unit. Inbound shipments from vendor 1 will average 400 units with an average lead time? (including ordering delays and transit? time) of 4 weeks. Inbound shipments from vendor 2 will average 470 units with an average lead time of 3 weeks. Ruby-Star operates 52 weeks per? year; it carries a 4-week supply of inventory as safety stock and no anticipation inventory.
1. Find the average aggregate inventory value of the product if? Ruby-Star used vendor 2 exclusively is $
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