9 15 If the annual cost of goods sold is $40,000,000 and the average inventory is $8,000,000, answer the following questions a What is the inventory turns ratio b What would be the reduction in avera...

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9 15 If the annual cost of goods sold is $40,000,000 and the average inventory is $8,000,000, answer the following questions a What is the inventory turns ratio b What would be the reduction in average inventory if, through better materials management, inventory turns were increased to 10 times per...

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9.15. If the annual cost of goods sold is $40,000,000 and the average inventory is $8,000,000, answer

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Introduction To Materials Management