The fizer drug company manufactures over-the-counter and, Operation Management

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The fizer drug company manufactures over-the-counter and

The Fizer Drug Company manufactures over-the-counter and prescription drugs. Last year the company’s cost of goods sold was $470 million. It carried average raw material inventory of $17.5 million, average work-in-process of $9.3 million, and average finished goods inventory of $6.4 million. The company operates 365 days per year. Compute the company’s inventory turns and days of supply for last year.

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Operation Management: The fizer drug company manufactures over-the-counter and

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