Question: Complete the following problems located in Krajewski et al. (2019): Problem 4 in Chapter 12 4. One product line at Spearman Fishing Industries has 10

Complete the following problems located in Krajewski et al. (2019):

Problem 4 in Chapter 12

4. One product line at Spearman Fishing Industries has 10 turns per year and an annual sales volume (at cost) of $985,000. How much inventory is being held, on average?

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