Arrow Distributing Corp. likes to track inventory by using weeks of supply as we

Question

Arrow Distributing Corp. likes to track inventory by using weeks of supply as well as by inventory turnover. What is its weeks of supply? weeks (round your response to two decimal places). What percent of Arrow's assets are committed to inventory? (enter your response as a percentage rounded to two decimal places). What is Arrow's inventory turnover? times per year (round your response to two decimal places). Suppose a manufacturer has an inventory turnover of 13.5 times per year. Arrow's supply chain performance relative to the manufacturer's, as measured by inventory turnover, is.

Explanation / Answer

Net revenue in $ 16710 Cost of sales in $ 14,120 Inventory,$ 1,100 total assets,$ 8300 a) weeks of supply in weeks 4.05 b) % of assets comitted to inventory 13.25 c)Inventory turnover 12.84 d).Arrow's supply chain performance lower

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