What is the average aggregate inventory value

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Reference no: EM131028035

Inventory planning for your warehouse is your responsibility. You have noted the demand for Unit X and assumptions as:

Week 1 - 102 units

Week 2 - 94 units

Week 3 - 118 units

Week 4 - 105 units

Week 5 - 109 units

Week 6 - 78 units

Week 7 - 121 units

Week 8 - 101 units

Safety stock is required to be 2 weeks' worth

Manufacturing lead time is roughly 4 weeks

Manufacturing typically provide 45 units per shipment

Value of Unit X is $1500 each

What is the average aggregate inventory value?

Reference no: EM131028035

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