Jacks pottery outlet has total end-of-year assets of 5, Operation Management

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Jacks pottery outlet has total end-of-year assets of 5

Jack's Pottery outlet has total end-of-year assets of $5 million. The first-of-year inventory was $375,000, with a year-end inventory of $325,000. The annual cost of goods sold was $7 million. The owner asks you to evaluate his supply chain performance by measuring his percent of assets in inventory, his inventory turnover, and his weeks of supply.

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Operation Management: Jacks pottery outlet has total end-of-year assets of 5

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