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Inventory Management & Supply Chain

Determine the
- inventory turnover,
- how to increase turnover,
- what to focus on,
- weeks of supply of raw material on hand necessary,
- total cost of ownership analysis and
- selecting suppliers.
Please show all work and include formulas using the Excel spreadsheet I have uploaded.


Solution Summary

Excel spreadsheet attached shows how to find and improve inventory turnover as well as the raw materials on hand needed and a total cost of ownership analysis.