Question: P 2 . 4 After calculating inventory turnover, your strategy officer tells you that our key competitor has inventory turnover of 9 . 0 0

P2.4 After calculating inventory turnover, your strategy officer tells you that our key competitor has inventory turnover of 9.00x. He also tells you sales are fixed by current market conditions, so it is up to operations to figure out how to get inventory turnover up.
What average aggregate inventory is required for inventory turnover to be 9.00x ?

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