7. The following were taken from the records of Sauyo Company:YearCost ofBeginningEndingGood SoldInventoryInventory(In Pesos)(In Pesos)340,50025,30030,2002.435,04030,20035,400520,40035,40036,4004547,50036,40038,300600,70038,30039,000Required: Compute the inventory turn-over for year 5. Round off answer to whole number.

The given data is as follows Cost of goods sold 600700 Average Inventory…

Answered: 7. The following were taken from the…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Q1) Bullwhip effect can lead to stock shortages due to lack of proper information. Select one: a. True b. False Q2) The ability to track the location of the order is known as supplier visibility. Select one: a. False b. True
QUESTION 2 Based on the information given below, compute the planned order releases and projected on hand balances for part A, P and M. Graph 1: Bill of Materials (BOM) J (2) Y (3) P (2) B M Table 2: Materials Requirement for Part A, P and M Part A Week 1 2 3 4 5 6. Gross requirement Scheduled receipts Projected on-hand inventory Net Requirements Planned order receipts Planned order releases Quantity = 50, Lead Time = 2, Safety Stock = 0 20 10 20 50 25 Part P Week 1 2 4 Gross requirement Scheduled receipts Projected on-hand inventory Net Requirements Planned order receipts Planned order releases Quantity = Lot-for-Lot, Lead Time = 1, Safety Stock = 30 60 100 %3D
State some drawbacks of just in time inventory management ?
Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table*. 5 6 7 30 70 30 9 10 11 12 60 10 70 Period 1 Gross requirements 20 2 Period Gross requirements On-hand at beginning of period 40 On-hand at end of period Order receipt Order release 3 40 1 20 4 *Holding cost = $3.50/unit/week; setup cost = $200; lead time = 1 week; beginning inventory = 40. Develop a lot-for-lot solution (enter your responses as whole numbers). 2 3 40 4 8 5 6 30 7 70 30 8 9 10 11 12 10 70 60 corn
Inventory is not a property that is acquired for the purpose of resale in a business activity. Question 4 options: True False
If no safety stock is required, what would the re-order point be?
Full steps
A Maintains a particular gym. 55% on a gross murgain of all it's training products. In April the gym had a beginning inventory of 142, 000 net Purchases of 202,000 and net sales of 433,000, to estimate Use grass profit method Cost (in #1) of ending inventory?
8
The units of Manganese Plus available for sale during the year were as follows: Mar. 1 June 16 Nov. 28 Inventory Purchase Purchase 23 units @ $29 32 units @ $30 42 units @ $36 97 units $667 960 1,512 $3,139 There are 14 units of the product in the physical inventory at November 30. The periodic inventory system is used. a. Determine the inventory cost by the FIFO method. $ b. Determine the inventory cost by the LIFO method. $ c. Determine the inventory cost by the weighted average cost methods. Round intermediate calculations and final answer to two decimal places.
Q3 The Muscat Chocolate Company produces all types of chocolate candy that is boxed before being sent to the retail outlets. After the chocolate has been poured, the candy production goes through all types of operation from adding fillings, shaping, decorating, coating, and the like, before being put into boxes, wrapped, and put into cartons. This production/assembly operation operates for 5 days/week, 8 hours/day. Weekly demand of boxes of the chocolates is shown in Table Q3. Production/packaging consists of 9 operations. These together with estimated time for completion, are given in Table Q3. Determine the following: (i) Draw the precedence diagram; (ii) The cycle time and theoretical number of workstations; (ii) The efficiency of the assembly line if the most tasks following rule/criteria is being followed. Table Q1 Weekly Demand Operations A B 6,100 Time (sec) Precedence 6. 8. A 9 B 11 12 B C. D A F 14 G 9 F 5 E 12 G, H

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