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Andrew Manufacturing held an average inventory of $ 1 . 0 million ( raw materials, work - in - process, finished goods ) last year.
Andrew Manufacturing held an average inventory of $ million raw materials, workinprocess, finished goods last year. Its sales were $ million, and its cost of goods sold was $ million. The firm operates days a year. What is the inventory days' supply? Do not round intermediate calculations. Round your answer to one decimal place.
Inventory days' supply IDS:
days
What target inventory level is necessary to reach a and day inventory days' supply during the next two years? Do not round intermediate calculations. Round your answers to the nearest dollar.
Target inventory level day: $
Target inventory level day: $
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