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What is the inventory turnover

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Q1. Keto Grocery Store sells 450 gallons of milk each month. The average on-hand inventory is 20 gallons. What is the inventory turnover? Round your answer to two decimal places.

Q2. What are order cycle costs if annual demand is 13,500 units, the order quantity is 2,000 units, and annual order cost is $189? What if the order size changes to 1,000 units or 13,500 units? Round your answers to the nearest cent.

If the order quantity is 2,000 units, the order cycle costs are $.

If the order quantity is 1,000 units, the order cycle costs are $.

If the order quantity is 13,500 units, the order cycle costs are $.

Reference no: EM132910249

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