This topic contains a solution. Click here to go to the answer

Author Question: A grocery chain is interested in exploring the impact effective supply-chain management would have. ... (Read 310 times)

kodithompson

  • Hero Member
  • *****
  • Posts: 566

Question 1

The following data are pulled from a recent Walsh Manufacturing annual report.

Assets
Raw material inventory$120,000
Work-in-process inventory$50,000
Finished goods inventory$300,000
Property, plant & equipment$500,000
Other assets$200,000
Total assets$1,170,000
Condensed Income Statement
Revenue$2,000,000
Cost of goods sold$600,000
Other expenses$1,000,000
Net income$400,000

Calculate: (a) Percent invested in inventory, (b) Inventory turnover, and (c) Weeks of supply.

Question 2

A grocery chain is interested in exploring the impact effective supply-chain management would have. Suppose that for every $1 of sales 4% is profit, 50% is spent in the supply chain, and the remaining 46% is evenly divided between fixed and variable costs. If the chain can save $1 in the supply chain it would take how many dollars of increased sales to have the same increase in profit? Assume that fixed costs are fixed so that the portion of increased sales allocated to fixed costs is instead profit (27% profit margin combined now).


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by kodithompson on Dec 3, 2019

amit

  • Sr. Member
  • ****
  • Posts: 364
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly




kodithompson

  • Member
  • Posts: 566
Reply 2 on: Dec 3, 2019
Gracias!


essyface1

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

For a complete list of videos, visit our video library