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The U . S . Alrfilter company has hired you as a supply chain consultant. The company makes air filters for residential heating and airconditioning
The US Alrfilter company has hired you as a supply chain consultant. The company makes air filters for residential heating and airconditioning systems. These filters are made in a single plant located in Loulsville, Kentucky, in the United States. a What is the average inventory turnover for the firm? Round your answer to decimal places.
Average inventory turnover
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
Reduce the amount of inventory or reduce sales or both
Increase the amount of inventory or Increase sales or both
c The company reported that it used $ worth of raw materlal during the year. On average, how many weeks of supply of raw
material are on hand at the factory? Round your answer to decimal places. They are distributed to retallers through wholesale centers in locations in the United States, Canada, and Europe. You have collected the following data relating to the value of Inventory in the US Alrfilter supply chain:
tabletableQUARTER JANUARYTHROUGHMARCHtableQUARTER APRIL THROUGHJUNEtableQUARTER JULYTHROUGHSEPTEMBERtableQUARTER OCTOBERTHROUGHDECEMBERAll amounts in millions of US dollarsSales total quarter:United states,CanadaEuropeCost of goods sold total quartertableRaw materials at the Louisville plantendofquartertableWorkinprocess and finished goods atthe Louisville plant endofquartertableDistribution center inventoryendofquarter:United states,CanadaEurope
a What is the average inventory turnover for the firm? Round your answer to decimal places.
Average inventory turnover
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
Reduce the amount of inventory or reduce sales or both
Increase the amount of inventory or increase sales or both
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