What is the firm inventory turnover

Assignment Help Operation Management
Reference no: EM132183120

Suppose the revenue for a firm is $1,000,000. Its cost of goods sold is $100,000, and its average inventory value for the year is $40,000.

What is the firm’s inventory turnover? Please include the formula, at least one step of calculation, and the correct answer for full credit.

What is the weeks-of-supply? Please include the formula, at least one step of calculation, and the correct answer for full credit.

Reference no: EM132183120

Questions Cloud

Project management method six sigma : Research the project management method Six Sigma
What is the average unit cost of the order : Suppose Company X decides to buy 8,000 units from Supplier A. What is the average unit cost of the order?
Different commercialization processes in the marketplace : There are many different commercialization processes in the marketplace, some proprietary, and some open access.
Is emotional intelligence just another word for maturity : Is Emotional Intelligence just another word for Maturity?
What is the firm inventory turnover : What is the firm’s inventory turnover? What is the weeks-of-supply?
Marketing healthcare services to mature healthcare consumer : Marketing healthcare services to the mature healthcare consumer, or marketing healthcare services to international consumers.
About the basic strategy presented for critical thinking : Describe critical thinking in your own words. Was there anything about the basic strategy presented for critical thinking you found surprising?
Some degree of conversation at the community level : The “All inclusive concept” and the growth of casinos has often generated some degree of conversation at the community level?
The complexity of integrating mechanisms : What is the match between the complexity of differentiation and the complexity of the integrating mechanisms that are used?

Reviews

Write a Review

Operation Management Questions & Answers

  What is psychological egoism

What is psychological egoism? Why is this approach attractive to some?? Linear Programming gets its name because all the constraints are linear equalities. Who is Ayn Rand? Briefly explain her philosophy of egoism and why it is often criticized. Name..

  Describe and explain the us economy business cycle

describe and explain the us economy business cycle. what are the key economic indicators of the us economy? why are they important to consider.

  Discuss at least three learning disabilities

When you think about your company and the seven learning disabilities discuss at least three learning disabilities that you have noticed in your company.

  Discuss the anticipated impacts upon operating efficiencies

Discuss the anticipated impacts (both positive and negative) upon operating efficiencies, and recommend solutions to minimize the negative impacts.

  What are some special maintenance issues

What are some special maintenance issues and procedures that are especially relevant for websites?

  Company could modify its business-level strategy

How that company could modify its business-level strategy to both increase overall level of satisfaction and to attract new customers.

  Environmental analysis for candy store in massachusetts

Dscribe each probability sample type, and non-probability sample types. Environmental analysis for a candy store in Massachusetts?

  Why are so many companies opting for this strategy

One of the most common entry strategies for MNCs is the joint venture. Why are so many companies opting for this strategy?

  Discretionary bonuses plans attractive tax-planning vehicles

When are discretionary bonuses plans attractive tax-planning vehicles? What incentives might induce the employer to renege on the bonus? What prevents the employer from reneging?

  Addressed in a risk management plan

Please answer the question and support your ideas, then respond to a minimum of two of your classmates. What are some questions that should be addressed in a risk management plan?

  What is reporting application

What is a reporting application? Name five basic reporting operations.

  Discuss the differences between groups and teams

Let's discuss the differences between groups and teams. How do we convert a group to a team? What benefits might come from this conversion in a business environment?

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