Cyberphone, a manufacturer of cell phone accessories, ended the current year with annual sales (at cost) of $42 million. During the year, the inventory ofaccessories turned over six times. For the next year, Cyberphone plans to increase annual sales (at cost) by 25 percent.a. What is the increase in the average aggregate inventory value required if Cyberphone maintains the same inventory turnover during the next year?$1,750,000. (Enter your response as an integer.)b. What change in inventory turns must Cyberphone achieve if, through better supply chain management, it wants to support next year's sales with noincrease in the average aggregate inventory value? O turns. (Enter your response rounded to one decimal place.)

Annual sales = $42 millionRate of inventory = Six times% of increase for next year = 24%

Answered: Cyberphone, a manufacturer of cell…

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

Problem 2VC

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