What were the weeks of supply last year

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Reference no: EM13237219

Mattress Wholesalers, Inc., is constantly trying to reduce inventory in its supply chain. Last year, cost of goods sold was $7.5 million and inventory was $1.5 million. This year, cost of goods sold is $8.6 million and inventory investment is $1.6 million.

A) What were the weeks of supply last year?
B) What were the weeks of supply this year?
C) Is Mattress Wholesalers making progress in its inventory reduction effort?

Reference no: EM13237219

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