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

MARKETING 2018
19th Edition
ISBN:9780357033753
Author:Pride
Publisher:Pride
Chapter15: Retailing, Direct Marketing, And Wholesaling
Section15.1: L.l.bean: Open 24/7, Click Or Brick
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B) What were the weeks of supply this year?

C) Is Mattress Wholesalers making progress in its inventory reduction effort?

Mattress Wholesalers, Inc. is constantly trying to reduce inventory in its supply chain. Last year, cost of goods sold was $7.52 million and inventory was $1.47 million. This year, costs of
goods sold is $8.59 million and inventory investment is $1.57 million.
Transcribed Image Text:Mattress Wholesalers, Inc. is constantly trying to reduce inventory in its supply chain. Last year, cost of goods sold was $7.52 million and inventory was $1.47 million. This year, costs of goods sold is $8.59 million and inventory investment is $1.57 million.
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