In distributor operations, the total cost approach emphasizes how the components interact together in a system that
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Question:
In distributor operations, the total cost approach emphasizes how the components interact together in a system that can improve overall efficiency and cost effectiveness if done correctly. 1) Discuss how issues with warehousing can influence transportation. 2) Discuss how improvements in inventory control can influence order processing. 3) ABC Distributor sells medical devices and scopes to hospitals at UAB. Using the financial information below, determine their inventory turnover. Show your work. Net Sales $9,000,000 Cost of Goods Sold $6,250,000 Total Expenses $3,050,000 Beginning Inventory (1/1/2022) $3,750,050 Ending Inventory (12/31/2022) $2,830,075 4) Does ABC Distributor have good or bad inventory control? How can we tell?
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