Inventory System Performance Example
{"Image DocumentName": "Inventory System Performance Example", "Image ImageDescription": "A recent accounting statement showed average aggregate inventories (RM+WIP+FG) to be  6,821,000. This year\u2019s cost of goods sold is  19.2 million. The company operates 52 weeks per year. How many weeks of supply are being held? What is the inventory turnover? Solution: Weeks of supply= ( 6,821,000)/( 19,200,000)/52=18.5 weeks. Inventory turnover= ( 19,200,000)/( 6,821,000)= 2.8 turns.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}