If a firms cost of goods sold is $5 million and its inventory turnover is 10 times,

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If a firm’s cost of goods sold is $5 million and its inventory turnover is 10 times, what is the average inventory?

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Principles of Supply Chain Management A Balanced Approach

ISBN: 978-1337406499

5th edition

Authors: Joel D. Wisner, Keah Choon Tan, G. Keong Leong

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