Author Question: A grocery chain is interested in exploring the impact effective supply-chain management would have. ... (Read 940 times)

kodithompson · **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).

amit · **Reply #1 on:** Dec 3, 2019

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