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The Bawl Corporation supplies alloy ball bearings to auto manufacturers in Detroit. Because of its specialized manufacturing process, considerable work-in-process and raw materials are needed. The current inventory levels are $2,420,000 and $1,360,000, respectively. In addition, finished goods inventory is $1,160,000 and sales (at cost) for the current year are expected to be about 64 million.
Express total inventory as:
a) Weeks of supply
b) Inventory turns
A vendor's gives discounts to entice larger quantity purchases. The price breaks are as follows: Order Size Discount Unit Price 0 - 40 0% $30 50
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A diet is being prepared for the University of Arizona dorms. The objective is to feed the students at the least cost, but the diet must have between 1,800 and 3,600 calories. No m
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