A company reports an annual cost of goods sold (COGS) totaling $375,000. The firm currently achieves an
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A company reports an annual cost of goods sold (COGS) totaling $375,000. The firm currently achieves an inventory turn equal to 4 and inventory carrying costs are currently 20%. If inventory turns were increased from 4 to 6, this would result in decreasing the firm's inventory carrying costs by how much?
Related Book For
Matching Supply with Demand An Introduction to Operations Management
ISBN: 978-0073525204
3rd edition
Authors: Gerard Cachon, Christian Terwiesch
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