Round your answer to two decimal places. What is the company's average holding cost (per pound for wax)? dollars

What is the point of having safety stock? Give an example to illustrate your point.

In 2018, Proctor and Gamble reported Inventory of $5.017 billion and cost of goods sold of $66.832 billion. Proctor and Gamble has an annual holding cost percentage of 30%. Express your answer as a percentage and round to two decimal places. What was their holding cost as a percentage of cost of goods sold during 2018? %

If a company would like to reduce its average collection period, it can either offer a cash discount or increase net terms. True or false ? and why?

A computer company's yearly inventory cost is 39 percent (which accounts for the cost of capital for financing the inventory, warehouse space, and the cost of obsolescence). Last year, the company had $375 million in inventory and cost of goods sold of $29 billion.What is the company's total inventory cost for the year (in million $s)? Note: Round your answer to the nearest integer.

A manufacturer of computers sells 4,300 units per year. On average, the manufacturer has 1,700 computers in inventory. Round your answer to one decimal place. What are the manufacturer's annual inventory turns? turns per year

Choose any company from below and write about the inventory management system and how they deal with their materials in their warehouse? 1)Oman International Logistics Group Asyad2)Oman Cement Company3)Salalah Port Services Company

Your options for shipping ​$104,800 of machine parts from Baltimore to Kuala​ Lumpur, Malaysia, are​ (1) use a ship that will take 30 days at a cost of ​$3,370​, or​ (2) truck the parts to Los Angeles and then ship at a total cost of ​$5,030. The second option will take only 18 days. You are paid via a letter of credit the day the parts arrive. Your holding cost is estimated at 30​% of the value per year.   If you have a third option and it costs only ​$4,080 and also takes 18 ​days, what is your most economical​ plan? Part 2 The daily holding cost of Alternative 1 is ​$________. ​(Enter your response rounded to two decimal​ places.) Part 3 The daily cost of faster shipping with Alternative 2 is ​$________. ​(Enter your response rounded to two decimal​ places.) Part 4 The daily cost of faster shipping with Alternative 3 is ​$________. ​(Enter your response rounded to two decimal​ places.) Part 5 ▼   Alternative 1? Alternative 2? Alternative 3? is more economical.

Based on the following information, how many days of supply of inventory is the firm holding (assuming 260 days of operation per year)? Do not round intermediate calculations. Round your answer to one decimal place. Sales $8,300,000 Cost of goods sold $7,540,000 Gross profit $760,000 Overhead costs $600,000 Net profit $160,000 Total inventory $2,600,000 Fixed assets $3,100,000 Long-term debt $2,300,000   a. 89.7 days     b. 286.2 days     c. 81.4 days     d. 236.2 days

Explain the significance of the following in the formulation of strategy: Cash flow Inventory turnover Market share Efficiency