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Please verify if the answers in the attached images are correct if no correct please. 2. Acme Inc., has decided to achieve four inventory turnovers

Please verify if the answers in the attached images are correct if no correct please.

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2. Acme Inc., has decided to achieve four inventory turnovers during FY2018. Based on this. calculate how many months' worth of inventory Acme Inc. should hold. O None of the above 3. When we order inventories in large batches, the ordering costs will be ,but inventory holding cost will be . 0 High. high 4. The total cost of holding inventories in the EOQ model include . O A. Costs of ordering inventories O B. Costs of holding inventories Both A and B 0 Neither A nor B I Gn-hand inventory and Inventory position are exactly the same, when .(Fill in the blank} 0 tin-hand inventory is greater than zero O tin-hand inventory becomes zero 0 There are no other orders still waiting to be delivered @ None of the above 8. When demand is uncertain, the reorder point is equal to .{Fill in the blank} @ Safety stock 0 Sum of safety stock and average demand during lead time 0 Average demand during lead time 0 None of the above 9. If tolerance for stock outs for Acme Inc. is 1%, then its service level will be .[Fill in the blank) @ 99% O Insufcient information 0 None of the above

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