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Author Question: A grocery chain is interested in exploring the impact effective supply-chain management would have. ... (Read 598 times)

kodithompson

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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
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Marked as best answer by kodithompson on Dec 3, 2019

amit

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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.
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kodithompson

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Reply 2 on: Dec 3, 2019
Thanks for the timely response, appreciate it

Dominic

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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