Sapphire Aerospace operates 52 weeks per year, and its cost of goods sold last year was $6,500,000. The firm carries eight items in inventory: four raw materials, two work-in-process items, and two finished goods. Table 12.3 shows last year’s average inventory levels for these items, along with their unit values. a. What is the average aggregate inventory value? b. How many weeks of supply does the firm have? c. What was the inventory turnover last year?

Demand for stereo headphones and MP3 players for joggers has caused Nina Industries to grow almost 50 percent over the past year. The number of joggers continues to expand, so Nina expects demand for headsets to also expand, because, as yet, no safety laws have been passed to prevent joggers from wearing them. Demand for the players for last year was as follows: MONTH DEMAND (UNITS) January February 4,100 4,200 March 3,900 April 4,300 May 4,900 June 4,600 July 5,200 August 4,800 September 5,300 October 5,600 November 6,200 December 5,900

A major automobile manufacturer located in Georgetown, Kentucky, has two certified vendors that produce brake pads with the information shown below. New Albany Manufacturing is located in Columbus, Ohio, and LaPlaya Manufacturing is located in Monterrey, Mexico. The automobile assembly factory is assumed to operate 250 days per year. Certified Supplier New Albany Mfg. LaPlaya Mfg. Order Size (Q) 30,000 60,000 Price per Unit (P) Order quantity: Total procurement cost: Total management oversight cost: Total annual transportation cost: Annual order cost: Annual holding cost: Average annual pipeline inventory cost: Total supply chain costs: $14.38 $13.55 Oversight Cost per Unit (0) $0.00 $0.37 $ LA GA $ LA tA a. Use the Total Supply Chain Cost Excel template to compute the supply chain costs associated with each supplier if the annual demand is 480,000 brake pads. Do not round intermediate calculations. Round your answer to the nearest dollar. 30,000 units 60,000 units tA Transport Cost…

8:02 ◄ Search Expert Q&A ☎ differentiation all can reduce the amount of inventory in the supply chain? Which of the following best explains why location pooling, lead-time pooling, and delayed Done All three strategies reduce the in-stock probability. O All three strategies make customers wait longer to receive their product. O All three strategies reduce the total lead time from the supply source (e.g., a factory) to the end consumer. All three strategies reduce the variability demand within the supply chain.

A what is the inventory turnover for the hamburger patties? B. On average, how many days of supply are on hand?

Where possible, the inventory costing method shouldmimic actual product flows.” Do you agree? Explain.