Pearson eText Principles of Operations Management: Sustainability and Supply Chain Management -- Instant Access (Pearson+)
11th Edition
ISBN: 9780135639221
Author: Jay Heizer, Barry Render
Publisher: PEARSON+
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Question
Chapter 11, Problem 8P
a)
Summary Introduction
To determine: Weeks of supply for last year in Company MW.
Introduction:
b)
Summary Introduction
To determine: Weeks of supply for this year in Company MW.
c)
Summary Introduction
To determine: Whether Company MW is making constructive progress in inventory reduction.
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Students have asked these similar questions
B) What were the weeks of supply this year?
C) Is Mattress Wholesalers making progress in its inventory reduction effort?
Mattress Wholesalers, Inc. is constantly trying to reduce inventory in its supply chain. Last year, cost of goods sold was $7.47 million and inventory was $1.49 million. This year, costs of goods sold is $8.64 million and inventory investment is $1.59
million.
a) What was its weeks of supply last year?
b) What is its weeks of supply this year?
c) Is Mattress Wholesalers making progress in its inventory reduction effort?
Since the number of weeks that cover the supply has
weeks (round your response to two decimal places).
weeks (round your response to two decimal places).
✔ Mattress Wholesalers is making
in its inventory-reduction effort.
Mattress Wholesalers, Inc. is constantly trying to reduce inventory in its supply chain. Last year, cost of goods sold was $7.47 million and inventory was $1.53 million. This year, costs of goods sold is $8.57 million and inventory
investment is $1.58 million.
a) What was its weeks of supply last year?
b) What is its weeks of supply this year?
c) Is Mattress Wholesalers making progress in its inventory reduction effort?
Since the number of weeks that cover the supply has
weeks (round your response to two decimal places).
weeks (round your response to two decimal places).
Mattress Wholesalers is making
in its inventory-reduction effort.
Chapter 11 Solutions
Pearson eText Principles of Operations Management: Sustainability and Supply Chain Management -- Instant Access (Pearson+)
Ch. 11.S - Prob. 1DQCh. 11.S - Prob. 2DQCh. 11.S - Prob. 3DQCh. 11.S - Prob. 4DQCh. 11.S - Prob. 5DQCh. 11.S - Prob. 6DQCh. 11.S - Prob. 7DQCh. 11.S - Prob. 8DQCh. 11.S - Prob. 9DQCh. 11.S - Prob. 10DQ
Ch. 11.S - Prob. 1PCh. 11.S - Prob. 2PCh. 11.S - Prob. 3PCh. 11.S - Prob. 4PCh. 11.S - Prob. 5PCh. 11.S - Prob. 6PCh. 11.S - Prob. 7PCh. 11.S - Prob. 8PCh. 11.S - Prob. 9PCh. 11.S - Prob. 10PCh. 11.S - Prob. 11PCh. 11.S - Prob. 12PCh. 11.S - Prob. 13PCh. 11.S - Prob. 14PCh. 11.S - Your options for shipping 100,000 of machine parts...Ch. 11.S - If you have a third option for the data in Problem...Ch. 11.S - Prob. 18PCh. 11.S - Prob. 19PCh. 11.S - Prob. 20PCh. 11.S - Prob. 21PCh. 11.S - Prob. 22PCh. 11 - Prob. 1EDCh. 11 - Prob. 1DQCh. 11 - Prob. 2DQCh. 11 - Prob. 3DQCh. 11 - Prob. 4DQCh. 11 - Prob. 5DQCh. 11 - Prob. 6DQCh. 11 - Prob. 7DQCh. 11 - Prob. 8DQCh. 11 - What is CPFR?Ch. 11 - Prob. 10DQCh. 11 - Prob. 11DQCh. 11 - Prob. 12DQCh. 11 - Prob. 13DQCh. 11 - Prob. 14DQCh. 11 - Prob. 15DQCh. 11 - Prob. 16DQCh. 11 - Prob. 17DQCh. 11 - Prob. 1PCh. 11 - Hau Lee Furniture, Inc., described in Example 1 of...Ch. 11 - Prob. 3PCh. 11 - Prob. 4PCh. 11 - Prob. 5PCh. 11 - Prob. 6PCh. 11 - Prob. 7PCh. 11 - Prob. 8PCh. 11 - Prob. 9PCh. 11 - Prob. 10PCh. 11 - Prob. 11PCh. 11 - Prob. 1.1VCCh. 11 - Prob. 1.2VCCh. 11 - Prob. 1.3VCCh. 11 - Prob. 1.4VCCh. 11 - Prob. 2.1VCCh. 11 - Prob. 2.2VCCh. 11 - Prob. 2.3VCCh. 11 - Prob. 3.1VCCh. 11 - Prob. 3.2VCCh. 11 - Prob. 3.3VCCh. 11 - Prob. 3.4VC
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- Mattress Wholesalers, Inc. is constantly trying to reduce inventory in its supply chain. Last year, cost of goods sold was $7.52 million and inventory was $1.55 million. This year, costs of goods sold is $8.62 million and inventory investment is $1.64 million. Part 2 a) What was its weeks of supply last year? enter your response here weeks (round your response to two decimal places). Part 3 b) What is its weeks of supply this year? enter your response here weeks (round your response to two decimal places). Part 4 c) Is Mattress Wholesalers making progress in its inventory reduction effort? Since the number of weeks that cover the supply has ▼ increased decreased not changed , Mattress Wholesalers is making ▼ progress no progress negative progress in its inventory-reduction effort.arrow_forwardMattress Wholesalers, Inc. is constantly trying to reduce inventory in its supply chain. Last year, cost of goods sold was $7.53 million and inventory was $1.49 million. This year, costs of goods sold is $8.61 million and inventory investment is $1.58 million. a) What was its weeks of supply last year? weeks (round your response to two decimal places). b) What is its weeks of supply this year? weeks (round your response to two decimal places). c) Is Mattress Wholesalers making progress in its inventory reduction effort? Since the number of weeks that cover the supply has V, Mattress Wholesalers is making V in its inventory-reduction effort.arrow_forwardMattress Wholesalers, Inc. is constantly trying to reduce inventory in its supply chain. Last year, cost of goods sold was $7 46 milion and inventory was $1 49 milion. This year, costs of goods sold is $8.59 million and inventory investment is $1.63 million a) What was its weeks of supply last year? weeks (round your response to two decimal places) b) What is its weeks of supply this year? weeks (round your response to two decimal placea) c) Is Mattress Wholesalers making progress in its inventory reduction effort? Since the number of weeks that cover the supply has V Mattress Wholesalers is making in its inventory-reduction effort negative progress no progress progressarrow_forward
- Mattress Wholesalers, Inc. is constantly trying to reduce inventory in its supply chain. Last year, cost of goods sold was $7.48 million and inventory was $1.48 million. This year, costs of goods sold is $8.56million and inventory investment is $1.59 million. Part 2 a) What was its weeks of supply last year? enter your response here weeks (round your response to two decimal places). a) What was its weeks of supply last year? weeks (round your response to two decimal places). Part 3 b) What is its weeks of supply this year? weeks (round your response to two decimal places). Part 4 c) Is Mattress Wholesalers making progress in its inventory reduction effort? Since the number of weeks that cover the supply has. Mattress Wholesalers is making, in its inventory-reduction effort.arrow_forwardMattress Wholesalers, Inc. is constantly trying to reduce inventory in its supply chain. Last year, cost of goods sold was $7.46 million and inventory was $1.52 million. This year, costs of goods sold is $8.64 million and inventory investment is $1.61 million. a) What was its weeks of supply last year? Inventory Inventory = Sales per Week Cost of Sales/52 Weeks Weeks of Supply= - b) What is its weeks of supply this year? Inventory Inventory Sales per Week Cost of Sales/52 Weeks c) Is Mattress Wholesalers making progress in its inventory reduction effort? Since the number of weeks that cover the supply has Weeks of Supply = 10.60 (round your response to two decimal places). = 9.69 (round your response to two decimal places). F Mattress Wholesalers is making in its inventory-reduction effort.arrow_forwardMattress Wholesalers, Inc. is constantly trying to reduce inventory in its supply chain. Last year, cost of goods sold was $7.50 million and inventory was $1.50 million. This year, costs of goods sold is $8.60 million and inventory investment is $1.60 million. a) What was its weeks of supply last year? weeks (round your response to two decimal places). weeks (round your response to two decimal places). b) What is its weeks of supply this year? c) Is Mattress Wholesalers making progress in its inventory reduction effort? Since the number of weeks that cover the supply has Mattress Wholesalers is making no progress in its inventory-reduction effort. negative progress progressarrow_forward
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- Arrow Distributing Corp. (see Table 11.9) likes to trackinventory 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 conmitted to inventory?c) What is Arrow's inventory turnover?d) Is Arrow's supply chain performance, as measured by theseinventory metrics, better than that of Baker in Problem?arrow_forwardEFG reports annual sales of $ 30 million, annual cost of goods sold of $ 15 million, inventory of $ 5 million and net income of $ 2 million. What is the months of supply for EFG ? Show all formulas used, calculations and results. Do on Canvas RST has monthly turns of 4, annual cost of goods sold of $ 12 million, and annual revenue of $ 36 million. What is the average inventory ? Show all formulas used, calculations and resultsarrow_forwardNot use ai pleasearrow_forward
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