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Category > Business & Finance Posted 31 May 2017 My Price 12.00

A manufacturer reported

A manufacturer reported an inventory turnover ratio of 8.6 during 2011. During 2012, management introduced a new inventory control system that was expected to reduce average inventory levels by 25 percent without affecting sales volume. Given these circumstances, would you expect the inventory turnover ratio to increase or decrease during 2012? Explain.

 
 
 

 

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Homework Helper
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Status NEW Posted 31 May 2017 05:05 AM My Price 12.00

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