13. A leading company in the electronics industry estimates that a reduction of 10 days of supply held in inventory is

the equivalent of an increase of 1 percent of sales. What would be the difference between average performance and

best in class according to Figure 1A.3?

14. Returning to the ideas of problem 13 and Figure 1A.3, what might be said about the difference between two firms

in the same industry with average and best in class results for asset turns?

15. In the Eli Lilly example, how much would be saved by reducing inventory by 10 days?