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4. A buyer has 125 blouses in her $40 price line in stock and 60 on order. Sales are estimated at 20 per week.
4. A buyer has 125 blouses in her $40 price line in stock and 60 on order. Sales are estimated at 20 per week. A reserve of 70 blouses is considered adequate. Stock is reordered every three weeks. It takes four weeks for delivery after an order has been placed. Calculate (a) the unit OTB, (b) the average stock, and (c) the unit annual stock turnover.
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