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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Sales of cars at a local auto dealer total 3000 cars per year. The dealer reports inventory turns of 30 per year. Compute the following:
(a) Average inventory in the dealer’s lot
(b) The length of time the average car sits in the dealer lot before it is sold Suppose the dealer wants to increase his customer responsiveness. What actions should he take? How will these actions impact inventory turns, average inventory, days of inventory, and supply chain cost?
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