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a. What is the average inventory turnover for the firm? (Round your answer to 3 decimal places.) b. If you were given the assignment to
a. What is the average inventory turnover for the firm? (Round your answer to 3 decimal places.) b. If you were given the assignment to Increase inventory turnover, what would you focus on? Reduce the amount of Inventory or increase sales or both Increase the amount of Inventory or increase sales or both Reduce the amount of Inventory or reduce sales or both c. The company reported that it used $500M worth of raw materlal during the year. On average, how many weeks of supply of raw materlal are on hand at the factory? (Round your answer to 2 decimal places.)
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