Problem $16-17($Algo$)$

The U$.$S$.$ Alrfilter company has hired you as a supply chain consultant. The company makes air filters for residential heating and alr$-$

conditioning systems. These filters are made in a single plant located in Loulsville, Kentucky, in the United States. They are distributed

to retallers through wholesale centers in $100$ locations in the United States, Canada, and Europe. You have collected the following data

relating to the value of Inventory in the U$.$S$.$ Alrfilter supply chaln:

a$.$ What is the average inventory turnover for the firm? $($Round your answer to $3$ decimal places.$)$

Average inventory turnover

b$.$ If you were given the assignment to increase inventory turnover, what would you focus on$?$

Reduce the amount of inventory or reduce sales or both

Reduce the amount of Inventory or Increase sales or both

Increase the amount of Inventory or Increase sales or both

c$.$ The company reported that It used $$500M$ worth of raw materlal during the year. On average, how many weeks of supply of raw

material are on hand at the factory? $($Round your answer to $2$ decimal places.$)$