Claiken Incorporated is a supplier of axles for light trucks. They held an average axle inventory of

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Claiken Incorporated is a supplier of axles for light trucks. They held an average axle inventory of $1.6 million last year, with a cost of goods sold of 21.0 million. What is the inventory turnover for axles? A customer wants them to increase its inventory turnover rate to 20 by implementing better inventory and operating practices. What average axle inventory level is needed to meet this 20-turn target?
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OM6 operations supply chain management

ISBN: 978-1305664791

6th edition

Authors: David Alan Collier, James R. Evans

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