Problem 13-17 (Static) U.S. Airfilter has hired you as a supply chain consultant. The company makes air filters for residential heating and air-conditioning 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 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. Airfilter supply chain: QUARTER 1 QUARTER 3 QUARTER 4 (JANUARY QUARTER 2 (JULY (OCTOBER (APRIL THROUGH THROUGH THROUGH THROUGH JUNE) MARCH) SEPTEMBER) DECEMBER) All amounts in millions of U.S. dollars Sales (total quarter): United states Canada Europe 300 75 30 350 60 33 405 75 20 375 70 15 280 295 340 Cost of goods sold (total quarter) 350 es Raw materials at the Louisville plant (end-of-quarter) 50 40 55 60 Work-in-process and finished goods at the Louisville plant (end-of-quarter) 100 105 120 150 Distribution center inventory (end-of-quarter): United states Canada Europe 25 10 5 27 11 4 23 15 5 30 16 5 a. What is the average inventory turnover for the firm? (Round your answer to 3 decimal places.) Average inventory turnover Cost of goods sold (total quarter) 280 295 340 350 Raw materials at the Louisville plant (end-of-quarter) 50 40 55 69 Work-in-process and finished goods at the Louisville plant (end-of-quarter) 100 105 120 150 Distribution center inventory (end-of-quarter): United states Canada Europe 25 10 5 27 11 4 23 15 5 30 16 5 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 O 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 material 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.) Weaks of supply