X A manufacturer of air-conditioner compressors is concerned that too much money is tied up in its value chain. Average raw material Inventory is $40 million and work-in-process (WIP) production Inventory is $20 million. Sales are $10 million per week, and finished goods inventory averages $30 million. The average outstanding accounts receivable is $50 million. Assume 50 weeks in 1 year. The value chain is as follows: Raw Material Inventory - Production (WIP) Inventory -- Finished Goods -- Accounts Receivable a. What is the total flow (process) time of a throughput dollar? Round your answers to two decimal places. A-Z Raw Material Inventory 0.04 WIP Production Inventory 0.02 Finished Goods Inventory Accounts Receivable Inventory 0.05 Flow Time, years 0.03 Total 0.14 b. What is the average dollar inventory in the value chain? Enter your answer in millions. For example, an answer of $1.2 million should be entered as 1.2, not 1,200,000. Round your answer to the nearest whole number. $ 140 million c. Which of the major stages-raw materials, WIP, finished goods, or accounts receivable-is the best candidate for freeing up dollars for the air-conditioner manufacturer? Accounts receivable is the best candidate for freeing up dollars. d. What is the target level of average accounts receivable inventory management can reduce the time a dollar spends in accounts receivable inventory (processing and collections) by one half by improving the accounts receivable process Enter your answer in millions. For example, an answer of $1.2 million should be entered as 1.2, no 1,200,000. Round your answer to one decimal place $ 25 million