Question
Revenues are currently $1 million and are projected to stay flat. A new inventory management system would cost $40,000, but would reduce inventory by 50%.
Revenues are currently $1 million and are projected to stay flat. A new inventory management system would cost $40,000, but would reduce inventory by 50%. Inventories are currently 15% of revenues. By how much would the new inventory management system reduce net working capital in each of the first three years of its implementation?
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Parimutuel Applications In Finance New Markets For New Risks
Authors: Ken Baron, Jeffrey Lange
1st Edition
1403939500, 9781403939500
