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A warehouse manager states that her inventory turns are four times a year. She also states that the average item her firm buys gets processed

A warehouse manager states that her inventory turns are four times a year. She also states that the average item her firm buys gets processed and leaves the warehouse within nine weeks.

Are these statements consistent? (Choose all the statements that are correct.)

  1. No, they are inconsistent. If turns are four per year, the average time in the warehouse must be between 12 weeks and 14 weeks.
  2. Yes, they are consistent.
  3. No, they are inconsistent. If turns are four per year, the average time in the warehouse must exceed nine weeks.
  4. No, they are inconsistent. If turns are four per year, the average time in the warehouse must be less than nine weeks.

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