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Maintain an inventory turnover ratio

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Bettamould Plc makes plastic tubes and parts used in plumbing in buildings. They had sales of $120 million and a gross margin of 30 percent last year

-How much inventory can they hold to maintain an inventory turnover ratio of 5.0 times?

-A new purchasing manager suggested that they can reduce the amount of inventory by 25% by using a new software to automate their order processing. If they invest in the new software and reduce the inventory by 25 percent, how will it effect their inventory turnover ratio?

Reference no: EM132807216

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