You are given the following information regarding sales and inventory levelsover time for your firm:YearSalesInventory2015$22,375$7,2002016$22,929$7,4002017$24,164$7,6002018$24,642$7,8002019$26,050$8,0002020$27,083$8,2002021$27,585$8,4002022$28,775$8,6002023$29,714$8,800Given this information, determine the level of safety stocks that the firm heldfor the five years starting in 2018 and ending in 2022.

Let me state the given data,…

Answered: You are given the following information…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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You are given the following information regarding sales and inventory levels over time for your firm Year 2010 Sales $12,502.00 $13,456.00 $17.945.00 $15,326.00 $14,464.00 Given this information, determine the level of safety stock that the firm holds. 2011 2012 2013 2014 $1.131.72 $1.193.09 $1,254.46 O$1,070.35 O $1.008.98 Inventory $6,855.36 $7 282 75 $9,249.02 $8.120.51 $7.734.33
You are given the following information regarding sales and inventory levels over time for your firm: Sales $12,502.00 2011 $13,456.00 2012 $17.845.00 2013 $15,326.00 2014 Year 2010 $7.270.83 $9,237.10 $8,108.59 $14.464.00 $7.722.41 Given this information, determine the level of safety stocks that the firm holds. O $1.512.02 $1.242.55 O$1.309.91 O $1,444.65 Inventory $6,843.44 O $1,377.28
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