The plant manager, Murat Kristal, at York Technologies makes Aircraft Navigation Systems. He expects you, as the new OM analyst, to provide some insight for performance of the plant. High on his list is an understanding of his inventory turnover based on the financial data provided below. Click the icon to view the additional information on the financial data. a) Based on total inventory, what is the inventory turnover for last year? Inventory turnover for last year is b) Based on total inventory, what is Inventory turnover for this year is c) Has inventory turnover improved Inventory turnover has times per year (round your response to two decimal places). the inventory turnover for this year? times per year (round your response to two decimal places). this year? this year.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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The plant manager, Murat Kristal, at York Technologies makes Aircraft Navigation Systems. He expècts you, as the new OM analyst, to provide some insight for performance of the plant. High on his list is an understanding of his
inventory turnover based on the financial data provided below.
Click the icon to view the additional information on the financial data.
a) Based on total inventory, what is the inventory turnover for last year?
Inventory turnover for last year is times per year (round your response to two decimal places).
b) Based on total inventory, what is the inventory turnover for this year?
Inventory turnover for this year is
c) Has inventory turnover improved
Inventory turnover has
times per year (round your response to two decimal places).
this year?
this year.
Transcribed Image Text:The plant manager, Murat Kristal, at York Technologies makes Aircraft Navigation Systems. He expècts you, as the new OM analyst, to provide some insight for performance of the plant. High on his list is an understanding of his inventory turnover based on the financial data provided below. Click the icon to view the additional information on the financial data. a) Based on total inventory, what is the inventory turnover for last year? Inventory turnover for last year is times per year (round your response to two decimal places). b) Based on total inventory, what is the inventory turnover for this year? Inventory turnover for this year is c) Has inventory turnover improved Inventory turnover has times per year (round your response to two decimal places). this year? this year.
at is the inventory turnover for last year?
is
at is
is
oved
More Info
Sales
Cost of goods sold
Gross margin
Other expenses
Net income
Finished goods inventory
Work-in-process inventory
Raw material inventory
Total inventory (average for year)
Other current assets
Other assets
Total assets
LAST YEAR
$244,000
118,000
126,000
Done
51,000
75,000
0
2,000
9,500
4,000
15,500
90,000.
200,000
305,500
.
THIS YEAR
$257,000
130,000
127,000
51,000
76,000
4,500
12,000
5,500
22,000
109,000
244,000
375,000
- X
Transcribed Image Text:at is the inventory turnover for last year? is at is is oved More Info Sales Cost of goods sold Gross margin Other expenses Net income Finished goods inventory Work-in-process inventory Raw material inventory Total inventory (average for year) Other current assets Other assets Total assets LAST YEAR $244,000 118,000 126,000 Done 51,000 75,000 0 2,000 9,500 4,000 15,500 90,000. 200,000 305,500 . THIS YEAR $257,000 130,000 127,000 51,000 76,000 4,500 12,000 5,500 22,000 109,000 244,000 375,000 - X
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