Arrow Distributing Corp. likes to track inventory by using weeks of supply as well as by inventory turnover.                                                        Arrow Distributing Corp. Net Revenue ​$16,100 Cost of sales ​$12,450 Inventory ​$1,100 Total assets ​$8,460 Part 2 ​a) What is its weeks of​ supply? enter your response here weeks ​(round your response to two decimal​ places). Part 3 ​b) What percentage of​ Arrow's assets are committed to​ inventory? enter your response here​% ​(enter your response as a percentage rounded to two decimal​ places). Part 4 ​c) What is​ Arrow's inventory​ turnover? enter your response here times per year ​(round your response to two decimal​ places). Part 5 ​d) Suppose a manufacturer has an inventory turnover of 13.5 times per year.​ Arrow's supply chain performance relative to the​ manufacturer's, as measured by inventory​ turnover, is ▼   worse the same better .

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
icon
Related questions
Question
Arrow Distributing Corp. likes to track inventory by using weeks of supply as well as by inventory turnover.
 
                                                    
Arrow Distributing Corp.
Net Revenue
​$16,100
Cost of sales
​$12,450
Inventory
​$1,100
Total assets
​$8,460
Part 2
​a) What is its weeks of​ supply?
enter your response here
weeks ​(round your response to two decimal​ places).
Part 3
​b) What percentage of​ Arrow's assets are committed to​ inventory?
enter your response here​%
​(enter your response as a percentage rounded to two decimal​ places).
Part 4
​c) What is​ Arrow's inventory​ turnover?
enter your response here
times per year ​(round your response to two decimal​ places).
Part 5
​d) Suppose a manufacturer has an inventory turnover of 13.5 times per year.​ Arrow's supply chain performance relative to the​ manufacturer's, as measured by inventory​ turnover, is
 
worse
the same
better
.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.