If the average aggregate inventory value is $4,000 and the cost of goods sold is $104,000, what is the weeks of supply?
Fill in the blank(s) with the appropriate word(s).
2 weeks
See Equation 16.2. Weeks of supply = (Average aggregate inventory value × 52)/Cost of goods sold = ($4,000 × 52)/$104,000 = 2 weeks of supply.
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