Describe costco''s inventory before it is sold, Operation Management

Assignment Help:

The following table shows financial data for Costco and wal mart:

CostcoInventories: $3,643Sales (net): $48106COGS: $41651

Wal Mart:Inventories: $29447Sales (net): $286103COGS: $215493

Assume that both companies have an average annual holding cost rate of 30 percent.

a. How many days on avg. does a product stay in Costco's inventory before it is sold? Assume that stores are operated 365 days a year.

b. How much lower on avg the inventory cost for costco compared to walmart of a hh cleaner valued at $5 COGS?

Assume that the unit cost of the household cleaner is the same for both companies and that the price and the inventory turns of an item are independent.


Related Discussions:- Describe costco''s inventory before it is sold

Explain evaluating corporate contributions, In one paragraph supported by y...

In one paragraph supported by your text and other research, describe the criteria you would use if you were a manager charged with evaluating corporate contributions to decide whet

Explain how much would land''s end buy, (Land's End) Geoff Gullo owns a sma...

(Land's End) Geoff Gullo owns a small firm that manufactures 'Gullo Sunglasses'. He has the opportunity to sell a particular seasonal model to Land's End. Geoff offers Land's End

Explain entrepreneurial and machine bureaucracy, Find 5 organizations (one ...

Find 5 organizations (one that fits each of the below categories) and include the Web site link and the reason it fits the category: 1-Entrepreneurial 2-Machine bureaucracy

Supply chain operation, Please diagram a supply chain.  I prefer that you d...

Please diagram a supply chain.  I prefer that you diagram the supply chain of your company.  However, some of you may wish to select another supply chain with which you are familia

Describe the difference between trait-oriented appraisals, Describe the dif...

Describe the difference between trait-oriented and results-oriented performance appraisal instruments, identifying some of the instruments used in each case.

Explain is there a best employment process- stepwise, Is there a best emplo...

Is there a best employment process, stepwise? What would you outline and why? What must steps should come first, and last?

Explain growth and globalization strategies, Given Pitney Bowes' growth and...

Given Pitney Bowes' growth and globalization strategies, analyze the forces for and against maintaining an organizational culture that supports diversity as a business imperative

Depict a p-chart based on the questionnaire results, 1. A shirt manufacture...

1. A shirt manufacturer buys cloth by the 100-yard roll from a supplier. For setting up a control chart to manage the irregularities (e.g., loose threads and tears), the followi

Define summarize the organization technological solution, 1. Briefly summar...

1. Briefly summarize the organization technological solution. 2. Would you classify this as an enterprise or workgroup solution (review the Case Study Areas of Focus document in

Explain whole foods market has a mission, 1. What evidence do you find in t...

1. What evidence do you find in this case, either explicitly or implicitly, that indicates that Whole Foods Market has a mission, core values, or is practicing decision-making that

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