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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.)
- No, they are inconsistent. If turns are four per year, the average time in the warehouse must be between 12 weeks and 14 weeks.
- Yes, they are consistent.
- No, they are inconsistent. If turns are four per year, the average time in the warehouse must exceed nine weeks.
- 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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