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Business, 24.04.2021 01:10 rleiphart1

You have recently been hired as the operations manager by a small, but growing distributor for industrial products. After your first few months on the job you have determined that the inventory turnover ratio for some of your strategically important products has fallen from its typical ratio of 6 down to 2. As you learned in your ID class, this would be considered: Group of answer choices Not a problem because the inventory turnover is still above 1.0. Not a problem because the inventory turnover ratio is not important for distributors. Not a problem because a lower inventory ratio suggests the company is selling more of the product. An important issue to address because the new ratio suggests the product sales of these strategically important products has slowed significantly.

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