Inventory turns are calculated by annual cost of goods sold, Ask an Expert

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Inventory turns are calculated by Annual Cost of Goods Sold divided by Average Inventory. An online bookseller currently has an average of $10,000,000 in inventory and a turn of 13. It believes if it can do print on demand, it can reduce its inventory to $5,000,000 for the same sales volume. What is its new Inventory turn?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92030825

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