## Homework: Chapter 12 Homework### Homework OverviewEBI Solar employs a unique process to turn silicon wafers into tiny solar panels. These efficient and inexpensive panels are used to power low-energy handheld electronic devices. Last year, EBI Solar turned their inventory 3.7 times and had a cost of goods sold of $2.3 million. Assume 52 business weeks per year.**a. Express last year's average inventory in weeks of supply.**Weeks of supply = [ ] weeks (Enter your response rounded to two decimal places.)

Given data; Particulars Last year Inventory Turnover 3.7 times Cost of goods sold…

Answered: Homework Overview EE cost of goods sold…

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...

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Given data;
Particulars	Last year
Inventory Turnover	3.7	times
Cost of goods sold	2300000	$
No. of weeks	52	weeks