Question: Problem 1 3 - 1 7 ( Algo ) U . S . Airfilter has hired you as a supply chain consultant. The company makes
Problem Algo
US Airfilter has hired you as a supply chain consultant. The company makes air filters for residential heating and airconditioning 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 locations in the United States, Canada, and Europe. You have collected the following data relating to the value of inventory in the US Airfilter supply chain:
tabletableQUARTER JANUARYTHROUGHMARCHAll atableQUARTER APRILTHROUGH JUNEamounts in millitableQUARTER JULY THROUGHSEPTEMBERions of US dtableQUARTER OCTOBERTHROUGHDECEMBERdollarsall amounts in millions ofUnited states,CanadaEuropeCost of goods sold total quartertableRaw materials at the Louisville plant endofquartertableWorkinprocess and finished goods at theLouisville plant endof quarterDistribution center inventory endofUnited states,CanadaEurope
a What is the average inventory turnover for the firm?
Note: Round your answer to decimal places.
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