A retailer has annual sales of $500,000 and an average finishedgoods inventory of $15,000. If the retailer

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A retailer has annual sales of $500,000 and an average finishedgoods inventory of $15,000. If the retailer sells each unit for an average of $25 and purchases the units for $15, what is its annual inventory turnover?

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Operations Management

ISBN: 9781260547610

2nd International Edition

Authors: Gerard Cachon, Christian Terwiesch

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Question Posted: Aug 12, 2020 02:02 AM

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A retailer has annual sales of $500,000 and an average finishedgoods inventory of $15,000. If the retailer

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Operations Management

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