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Mattress Wholesalers, Inci is constantly trying to reduce inventory in its supply chain. Last year, cost of goods sold was $7. 55 milion and inventory

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Mattress Wholesalers, Inci is constantly trying to reduce inventory in its supply chain. Last year, cost of goods sold was $7. 55 milion and inventory was $1.52 milion. This year, costs of goods sold is $8.61 milion and inventory investment is $1.62 million. a) What was its weeks of supply last year? weeks (round your nesponse to two docimal plices). b) What is its wooks of supply this year? weeks (round your response to two decimal places). c) is Mattress Wholesalers making progress in its invensory reduction effort? Since the number of weeks that cover the supply has Mattress Wholesalers, Inc. is constantly trying to reduco inventory in its supply chain. Last year, cost of goods sold was $7.55 million and inventory was $1.52 million. This year, costs of goods sald is $8.61 million and inventory investment is $1.62 milion. a) What was its wooks of supply last yoar? woeks (round your response to two decimal places). b) What is its weeks of supply this year? weeks (round your rosponse to two decimar places). c) Is Mattress Wholesalers making progress in its imventory reduction effort? Since the number of weeks that cover the supply has Mattress Wholesalers is making in its imventoryyeducticn eflort

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