1. Jerrys Auto Repair is concerned about the effective use of parts inventory. His average inventory in...

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1. Jerry’s Auto Repair is concerned about the effective use of parts inventory. His average inventory in dollars is $300,000 and cost of goods sold is $1,500,000.

a. What is the inventory turnover for Jerry’s Auto Repair?

b. Assuming 52 weeks per year, what is the weeks of supply?

c. What do these numbers tell you about Jerry’s inventory utilization?

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Supply Chain Management A Global Perspective

ISBN: 9780470141175

1st Edition

Authors: Nada R. Sanders

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Question Posted: Oct 04, 2024 02:01 AM

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1. Jerrys Auto Repair is concerned about the effective use of parts inventory. His average inventory in...

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Supply Chain Management A Global Perspective

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