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10. A manufacturing company has entered into a new contract with a major supplier of raw materials used in the manufacturing process. Under the new

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10. A manufacturing company has entered into a new contract with a major supplier of raw materials used in the manufacturing process. Under the new arrangement, called vendor managed inventory, the supplier manages its raw material inventory inside the manufac- turer's plant, and only bills the manufacturer when the manufacturer consumes the ravw material. How is this likely to affect the manufacturer's inventory turnover ratio

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