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Discussing the normal inventory turnover

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Reference no: EM132782334

Research the term "inventory turnover" and write a report discussing the normal inventory turnover for the following industries: 1) automobile manufacturers, 2) restaurants/hotels, and 3) retailers.

1. What is the purpose of holding inventory?

2. What steps do you think companies can take to improve the accuracy of their inventory management program?

Reference no: EM132782334

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