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Operations Management
TABLE 11.9 For Problems 11.5 and 11.6 ARROW DISTRIBUTING CORP. Net revenue $16,500 Cost of sales $13,500 $ 1,000 $ 8,600 Average inventory Total assets BAKER MFG. INC. Net revenue $27,500 Cost of sales $21,500 Average inventory $ 1,250 Total assets $16,600

TABLE 11.9 For Problems 11.5 and 11.6 ARROW DISTRIBUTING CORP. Net revenue $16,500 Cost of sales $13,500 $ 1,000 $ 8,600 Average inventory Total assets BAKER MFG. INC. Net revenue $27,500 Cost of sales $21,500 Average inventory $ 1,250 Total assets $16,600

Practical Management Science
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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Question
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?
b) What is Baker's percentage of assets committed to inventory?
c) How does Baker's perfom1ance compare to the industry leaders?
TABLE 11.9 For Problems 11.5 and 11.6 ARROW DISTRIBUTING CORP. Net revenue $16,500 Cost of sales $13,500 $ 1,000 $ 8,600 Average inventory Total assets BAKER MFG. INC. Net revenue $27,500 Cost of sales $21,500 Average inventory $ 1,250 Total assets $16,600
Transcribed Image Text:TABLE 11.9 For Problems 11.5 and 11.6 ARROW DISTRIBUTING CORP. Net revenue $16,500 Cost of sales $13,500 $ 1,000 $ 8,600 Average inventory Total assets BAKER MFG. INC. Net revenue $27,500 Cost of sales $21,500 Average inventory $ 1,250 Total assets $16,600
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