This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A grocery chain is interested in exploring the impact effective supply-chain management would have. ... (Read 312 times)

kodithompson

  • Hero Member
  • *****
  • Posts: 566
on: Dec 3, 2019

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).
Operations Management (Canadian Edition) ¦ Heizer, Render, Griffin ¦ 1st Edition
Buy Test-Bank


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
Reply #1 on: Dec 3, 2019
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
Thanks for the timely response, appreciate it

Chelseyj.hasty

  • Member
  • Posts: 319
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Palpation of Lymph Nodes, Posterior Cervical Chain Palpation of Lymph Nodes, Posterior Cervical Chain
Three bonds separate sequential α carbons in a polypeptide chain Three bonds separate sequential α carbons in a polypeptide chain
A single base substitution leading to a single amino acid substitution in the hemoglobin beta chain A single base substitution leading to a single amino acid substitution in the hemoglobin beta chain
Researchers have found that science instruction can be quite effective in grades 4 to 7. Researchers have found that science instruction can be quite effective in grades 4 to 7.
The Impact of Cross-Ethnic Friendships on Minority Students’ Well-Being The Impact of Cross-Ethnic Friendships on Minority Students’ Well-Being
Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ... Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ...
Video: DNA Sequences - Dideoxy Sequencing

For a complete list of videos, visit our video library