Calculate days of inventory, Mechanical Engineering

Assignment Help:

Calculate days of inventory:

From the data provided in table 1 and 2, calculate days of inventory.

Solution

Average Inventory Investment = (Last year inventory + Current year inventory) /2

= ((650 + 175) + (550 + 125)) /2= 750

From Eq. Of Days of Inventory

Days of Inventory = 750 × 365/3600 = 76 days


Related Discussions:- Calculate days of inventory

How long does it take a plane, How long does it take a plane, traveling at ...

How long does it take a plane, traveling at a constant speed of 190 m/s, to fly once around a circle whose radius is 2950 m?

Evaluate the angle - block impends down the plane, Evaluate the angle - blo...

Evaluate the angle - block impends down the plane: What should be value of the angle shown in the figure so that the motion of the 90N block  impends down the plane? The coe

Four-stroke - single cylinder gasoline engine, A four-stroke, single cylind...

A four-stroke, single cylinder gasoline engine having a bore of 90 mm and stroke of 100 mm has a compression ratio 7. The relative efficiency is 55% when the shown specific fuel co

What do you understand by carburization, Q. What do you understand by Carbu...

Q. What do you understand by Carburization? Carburization is initiated by the adsorption of carbon in contact with the surface of the metal and may progress by diffusion along

Boiler, Working, specification construction of Lancashire boiler

Working, specification construction of Lancashire boiler

Calculate a quarterly delivery schedule, Gibson Ltd operates sportswear sto...

Gibson Ltd operates sportswear stores in Dublin and Cork and has set the following quarterly sales target for international and provlncial rugby shirts for 2013 per the attached sc

Theory of machine, analytical method for determining the acceleration and v...

analytical method for determining the acceleration and velocity?

How is angle of dispersion used in footing, How is angle of dispersion used...

How is angle of dispersion used in footing? Angle of Dispersion Indian Standards (IS) has specified relation for determining the angle, of dispersion. According to IS the an

Compute the utilization of peak capacity, Compute the utilization of peak c...

Compute the utilization of peak capacity: If the fabrication department of the engine manufacturer, operated under ideal conditions, produces 100 engines per day. Management b

Describe the types of gas welding, Q. Describe the Types of Gas Welding? ...

Q. Describe the Types of Gas Welding? Gas welding involves the use of a gas-fed flame torch to heat the metal work piece and the filler material to create a weld. The gas is

Write Your Message!

Captcha
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