Arrow Distributing Corp. (see Table 11.9) likes to track • 11.6 inventory by using weeks of supply as well as by inventory turnover. a) What is its weeks of supply? ing b) What percentage of Arrow's assets are committed to inventory? c) What is Arrow's inventory turnover? ST d) L

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

Could you help answer 11.6. Thanks 

redu
was $7.5 m
Problem 11.4 relates to Six Sourcing Strategies
Using sources from the Internet, identify some of the
problems faced by a company of your choosing as it moves toward, or
operates as, a virtual organization. Does its operating as a virtual organ-
ization simply exacerbate old problems, or does it create new ones?
goods sold
a) What w
b) What a
c) Is Mat
reducti
•• 11.4
Problems 11.5-11.11 relate to Measuring Supply Chain Performance
•• 11.9
Technolo
.• 11.5
Baker Mfg. Inc. (see Table 11.9) wishes to compare its
inventory turnover to those of industry leaders, who have turnover of
about 13 times per year and 8% of their assets invested in inventory.
a) What is Baker's inventory turnover?
you, as th
mance of
b) What is Baker's percentage of assets committed to inventory?
c) How does Baker's performance compare to the industry leaders?
100
last ye
inventory
expects y
a) Based
b) Based
this ye
TABLE 11.9
For Problems 11.5 and 11.6
ARROW DISTRIBUTING CORP.
o0.02 c) Has in
Net revenue
$16,500
ng.. 11.10
to deterr
Cost of sales
$13,500
Average inventory
000
btop 0 $ 8,600
a) The c
last y
Total assets
BAKER MFG. INC.
b) The c
this y
Net revenue
$27,500
Cost of sales
$21,500
c) The c
Average inventory
$ 1,250
• • 11.1
a) How
last ▪
b) How
Total assets
•11.6
inventory by using weeks of supply as well as by inventory turnover.
a) What is its weeks of supply?
b) What percentage of Arrow's assets are committed to inventory?
c) What is Arrow's inventory turnover?
d) Is Arrow's supply chain performance, as measured by these
inventory metrics, better than that of Baker in Problem 11.5?
Arrow Distributing Corp. (see Table 11.9) likes to track
this
TA
• 11.7
ver of about 14 times. Organic Grocers, Inc. had a o
The grocery industry has an annual inventory turno-
sold last vear of $10 5
Sale
:11:
Transcribed Image Text:redu was $7.5 m Problem 11.4 relates to Six Sourcing Strategies Using sources from the Internet, identify some of the problems faced by a company of your choosing as it moves toward, or operates as, a virtual organization. Does its operating as a virtual organ- ization simply exacerbate old problems, or does it create new ones? goods sold a) What w b) What a c) Is Mat reducti •• 11.4 Problems 11.5-11.11 relate to Measuring Supply Chain Performance •• 11.9 Technolo .• 11.5 Baker Mfg. Inc. (see Table 11.9) wishes to compare its inventory turnover to those of industry leaders, who have turnover of about 13 times per year and 8% of their assets invested in inventory. a) What is Baker's inventory turnover? you, as th mance of b) What is Baker's percentage of assets committed to inventory? c) How does Baker's performance compare to the industry leaders? 100 last ye inventory expects y a) Based b) Based this ye TABLE 11.9 For Problems 11.5 and 11.6 ARROW DISTRIBUTING CORP. o0.02 c) Has in Net revenue $16,500 ng.. 11.10 to deterr Cost of sales $13,500 Average inventory 000 btop 0 $ 8,600 a) The c last y Total assets BAKER MFG. INC. b) The c this y Net revenue $27,500 Cost of sales $21,500 c) The c Average inventory $ 1,250 • • 11.1 a) How last ▪ b) How Total assets •11.6 inventory by using weeks of supply as well as by inventory turnover. a) What is its weeks of supply? b) What percentage of Arrow's assets are committed to inventory? c) What is Arrow's inventory turnover? d) Is Arrow's supply chain performance, as measured by these inventory metrics, better than that of Baker in Problem 11.5? Arrow Distributing Corp. (see Table 11.9) likes to track this TA • 11.7 ver of about 14 times. Organic Grocers, Inc. had a o The grocery industry has an annual inventory turno- sold last vear of $10 5 Sale :11:
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
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.