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Analyzing Inventory Turnover
Research the term "inventory turnover" and write a paper discussing the normal inventory turnover for the following industries:
1. Automobile manufacturers2. Restaurants and hotels3. Retailers
In your report, discuss the following:
• What is the purpose of holding inventory?• Which steps do you think companies can take to improve the accuracy of their inventory management program?
Your well-written paper should meet the following requirements:
• Be 2-3 pages in length, not including the cover and reference pages.• APA guidelines• Cite a minimum of 3-5 sources to support your responses, two of which are academic, peer-reviewed sources.
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