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Research the term “inventory turnover” and write a paper discussing the normal inventory turnover for the following industries:

  1. Automobile manufacturers
  2. Restaurants and hotels
  3. 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.

Refer to the Critical Thinking Assignment rubric available in the Module 4 folder for more information on assignment

CategoryPsychology

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