What were the weeks of supply last year

Assignment Help Operation Management
Reference no: EM131356347

Mattress Wholesalers, Inc., is constantly trying to reduce inventory in its supply chain. Last year, cost of goods sold was $7.5 million and inventory was $1.5 million. This year, cost of goods sold is $8.6 million and inventory investment is $1.6 million.

a) What were the weeks of supply last year?

b) What are the weeks of supply this year?

c) Is Mattress Wholesalers making progress in its inventory reduction effort?

Reference no: EM131356347

Questions Cloud

Determine whether the one year principle would apply : A defender has been in use for seven years and has negligible salvage value. Operating costs are €40 0 per year for electricity. Once every five years it is overhauled at a cost of €1000.
How would the plant classify these items : L. Houts Plastics is a large manufacturer of injection molded plastics in North Carolina. How would the plant classify these items according to an ABC classification system
How often should gerry get a new car : If a 30% decliningbalance depreciation rate is used to estimate salvage values, and interest is 8%, how often should Gerry get a new car?
Insert a single capital letter to indicate the department : Insert a single capital letter (A through F) to indicate the department in the first list that would originate (initiate) that document.
What were the weeks of supply last year : Mattress Wholesalers, Inc., is constantly trying to reduce inventory in its supply chain. Last year, cost of goods sold was $7.5 million and inventory was $1.5 million. What were the weeks of supply last year
Which hr job positions you would prefer and explain why : Determine which HR job positions you would prefer and explain why. Analyze how the selected company can establish HRM strategies to improve competitive advantages.
Should vou replace vour existing equipment now : Furthermore , vou can ge t a trade - in allowance of R12 000 for your equipment if you purchase the new equipment at its suggested retail price. Your MARR is 8%. Should vou replace vour existing equipment now?
What is its weeks of supply : Arrow Distributing Corp. (Table 11.9) likes to track inventory by using weeks of supply as well as by inventory turnover. What is its weeks of supply? What percent of Arrow's assets are committed to inventory
Describe importance of organizational climate and motivation : Describe the importance of organizational climate and motivation. Describe Kelley's model of effective followership (moving between roles). Explain how knowledge of effective followership can help one's leadership perspective.

Reviews

Write a Review

 

Operation Management Questions & Answers

  Principles of bureaucracy-design organizational hierarchy

How can the principles of bureaucracy help managers design the organizational hierarchy? When does bureaucracy become a problem in an organization? What can man- agers do to prevent bureaucratic problems from arising?

  Discuss the intersection of ethnicity and class

Discuss the intersection of ethnicity and class. In your opinion, what does this intersection look like in society? Give examples and include the term ethnic stratification.

  Adolescent chemical dependency program

Write an awareness objective for a newly formed adolescent chemical dependency program whose target market consists of judges and social workers who refer to the facility. How would this objective change for the trial level of the hierarchy of effect..

  Describe the recommendations for improvements

Review relevant literature on the subject. Does research support the recommendations of the case?In addition, are there any other issues of concern?

  What are the potential drawbacks of two-tier structure

To the degree job growth (and increased car sales that come from more competitive labor costs) is based on two tier-wage structures, how sustainable is this approach? Consider, for example, that Fiat and Chrysler CEO Sergio Marchionne state that "Lon..

  Using inspection process in material receiving department

A company currently using an inspection process in its material receiving department is trying to install an overall cost reduction program. One possible reduction is the elimination of one inspection position. This position tests material that has a..

  What decision would a conservative make

Construct a regrets table. What decision should be made using minimax regret?

  Commitment to shared goals

Commitment to Shared Goals: Develop one strategy different from what your classmates have shared that will encourage commitment to shared goals in a group that you lead or belong to. Describe the steps you can take to implement the strategy.

  What is the optimal order quantity

A gift shop sells Little Lentils-cuddly animal dolls stuffed with dried lentils-at a very steady pace of 10 per day, 310 days per year. The wholesale cost of the dolls is $5, and the gift shop uses an annual interest rate of 20 percent to compute hol..

  Explain the core principles or features of the deontological

Body Paragraphs Each paragraph in the body should start with a topic sentence that clearly identifies the main idea of the paragraph. ?Theory explanation Explain the core principles or features of the deontological or utilitarian theory and the ge..

  Discuss how the data resource management methods

Discuss how the data resource management methods of today will need to evolve as more types of data emerge.

  Professionals to have better understanding of management

Perlman and Varma (2005) state the following in the discussion of their research: "In sum, it is important for IT professionals to have a better understanding of management. After reviewing the article (the discussion section in particular) and consi..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd