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Business, 11.06.2020 18:57, Gghbhgy8716
Andrew Manufacturing held an average inventory of $1.1 million (raw materials, work-in-process, finished goods) last year. Its sales were $8.0 million, and its cost of goods sold was $5.8 million. The firm operates 260 days a year. What is the inventory day’s supply? What target inventory level is necessary to reach a 20- and 10-day inventory days supply during the next two years?
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Andrew Manufacturing held an average inventory of $1.1 million (raw materials, work-in-process, fini...
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