The Ashton Furniture Company manufactures coffee tables and chest of drawers. Last year the companys cost of
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The Ashton Furniture Company manufactures coffee tables and chest of drawers. Last year the company’s cost of goods sold was $3,700,000, and it carried inventory of oak, pine, stains, joiners, and brass fixtures, work-in-process of furniture frames, drawers and wood panels, and finished chests and coffee tables. Its average inventory levels for a 52- week business year were as follows.
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Determine the number of inventory turns and the days of supply for the furniture company.
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Related Book For 
Operations Management Creating Value Along the Supply Chain
ISBN: 978-0470525906
7th Edition
Authors: Roberta S. Russell, Bernard W. Taylor
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