b. If you were given the assignment to increase inventory turnover, what would you focus on?

Reduce the amount of inventory or reduce sales or both

Increase the amount of inventory or increase sales or both

Reduce the amount of inventory or increase sales or both

c. The company reported that it used $500M worth of raw material during the year. On average, how many weeks of supply of raw material are on hand at the factory? (Round your answer to 2 decimal places.)

The U.S. Airfilter company has hired you as a supply chain consultant. The company makes air filters for residential heating and air- conditioning systems. These filters are made in a single plant located in Louisville, Kentucky, in the United States. They are distributed to retailers through wholesale centers in 100 locations in the United States, Canada, and Europe. You have collected the following data relating to the value of inventory in the U.S. Airfilter supply chain: QUARTER 1 QUARTER 3 QUARTER 4 (JANUARY QUARTER 2 (JULY (OCTOBER THROUGH (APRIL THROUGH THROUGH THROUGH MARCH) JUNE) SEPTEMBER) DECEMBER) All amounts in millions of u.s. dollars Sales (total quarter): United states Canada Europe 366 131 65 364 94 41 406 147 30 556 81 24 Cost of goods sold (total quarter) 354 315 372 424 Raw materials at the Louisville plant (end-of-quarter) 56 47 78 74 Work-in-process and finished goods at the Louisville plant (end-of-quarter) 146 152 121 252 Distribution center inventory (end-of-quarter): United states Canada Europe 30 44 15 8 14 37 23 8 41 19 5 6 a. What is the average inventory turnover for the firm? (Round your answer to 3 decimal places.)