11.11 Baker Mfg Inc. (see Table 11.8) wishes to compare it ventory turnover to those of industry leaders, who have turnover o eboot 13 times per year and 8% of their assets invested in inventory a) What is Baker's inventory turnover? b) What is Baker's percentage of assets committed to inventory? c) How does Baker's performance compare to the industry leaders Table 11.8 For Problems 11.11 and 11.12 Arrow Distributing Corp. Net revenue Cost of sales Inventory Total assets $16 500 $13 500 $ 1 000 $ 8600 Baker Mfg. Inc. Net revenue Cost of sales Inventory Total assets $27500 $21 500 $ 1250 S16 600 11.12 Arrow Distributing Corp. (see Table 11.8) likes to track inventory by using weeks of supply as well as by inventory turnover, a) What is its weeks of supply? b) What percentage of Arrow's assets is committed to inventory c) What is Arrow's inventory turnover? d) Is Arrow's supply chain performance, as measured by the inventory metrics, better than that of Baker in Problem 11.12 11.11 Baker Mfg Inc. (see Table 11.8) wishes to compare it ventory turnover to those of industry leaders, who have turnover o eboot 13 times per year and 8% of their assets invested in inventory a) What is Baker's inventory turnover? b) What is Baker's percentage of assets committed to inventory? c) How does Baker's performance compare to the industry leaders Table 11.8 For Problems 11.11 and 11.12 Arrow Distributing Corp. Net revenue Cost of sales Inventory Total assets $16 500 $13 500 $ 1 000 $ 8600 Baker Mfg. Inc. Net revenue Cost of sales Inventory Total assets $27500 $21 500 $ 1250 S16 600 11.12 Arrow Distributing Corp. (see Table 11.8) likes to track inventory by using weeks of supply as well as by inventory turnover, a) What is its weeks of supply? b) What percentage of Arrow's assets is committed to inventory c) What is Arrow's inventory turnover? d) Is Arrow's supply chain performance, as measured by the inventory metrics, better than that of Baker in Problem 11.12