Question: Problem 1 6 - 1 7 ( Algo ) The U . S . Airfilter company has hired you as a supply chain consultant. The
Problem Algo
The US Airfilter company 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 JANUARYTHROUGHMARCHtableQUARTER APRIL THROUGHJUNEtableQUARTER JULYTHROUGHSEPTEMBERtableQUARTER OCTOBERTHROUGHDECEMBERAll,mounts in millio,s of US dlarsSales total quarter:United states,CanadaEuropeCost of goods sold total quartertableRaw materials at the Louisville plantendofquartertableWorkinprocess and finished goods atthe Louisville plant endofquartertableDistribution center inventoryendofquarter:United states,CanadaEurope
a What is the average inventory turnover for the firm? Round your answer to decimal places.
Average inventory turnover
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
