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silverbullet silverbullet
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7 years ago
The average inventory at Hamilton Industries, comprising raw materials, work-in-process, and finished goods, was found to be $17.2 million last year. If the cost of goods sold per week averaged $1.32 million, what was the inventory turnover experienced by Hamilton Industries? Assume the company had 50 working weeks per year.
A) Greater than 4.00
B) Less than or equal to 3.50
C) Greater than 3.50 but less than 3.75
D) Greater than 3.75 but less than 4.00
Textbook 
Operations Management: Processes and Supply Chains

Operations Management: Processes and Supply Chains


Edition: 11th
Authors:
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pennocpennoc
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silverbullet Author
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#2
7 years ago
needed this today

thanks so much
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