Principles Of Operations Management
Principles Of Operations Management
11th Edition
ISBN: 9780135173930
Author: RENDER, Barry, HEIZER, Jay, Munson, Chuck
Publisher: Pearson,
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Chapter 11, Problem 8P

a)

Summary Introduction

To determine: Weeks of supply for last year in Company MW.

Introduction: Supply chain management is one of the important elements of a business which impacts business product development. With expanding business in global conditions, supply chain activities can impact on the cost effectiveness of the business.

b)

Summary Introduction

To determine: Weeks of supply for this year in Company MW.

c)

Summary Introduction

To determine: Whether Company MW is making constructive progress in inventory reduction.

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Mattress Wholesalers, Inc. is constantly trying to reduce inventory in its supply chain. Last year, cost of goods sold was $7.47 million and inventory was $1.49 million. This year, costs of goods sold is $8.64 million and inventory investment is $1.59 million. a) What was its weeks of supply last year? b) What is its weeks of supply this year? c) Is Mattress Wholesalers making progress in its inventory reduction effort? Since the number of weeks that cover the supply has weeks (round your response to two decimal places). weeks (round your response to two decimal places). ✔ Mattress Wholesalers is making in its inventory-reduction effort.
Mattress Wholesalers, Inc. is constantly trying to reduce inventory in its supply chain. Last year, cost of goods sold was $7.47 million and inventory was $1.53 million. This year, costs of goods sold is $8.57 million and inventory investment is $1.58 million. a) What was its weeks of supply last year? b) What is its weeks of supply this year? c) Is Mattress Wholesalers making progress in its inventory reduction effort? Since the number of weeks that cover the supply has weeks (round your response to two decimal places). weeks (round your response to two decimal places). Mattress Wholesalers is making in its inventory-reduction effort.
Mattress​ Wholesalers, Inc. is constantly trying to reduce inventory in its supply chain. Last​ year, cost of goods sold was ​$7.52 million and inventory was ​$1.55 million. This​ year, costs of goods sold is ​$8.62 million and inventory investment is ​$1.64 million. Part 2 ​a) What was its weeks of supply last​ year? enter your response here weeks ​(round your response to two decimal​ places). Part 3 ​b) What is its weeks of supply this​ year? enter your response here weeks ​(round your response to two decimal​ places). Part 4 ​c) Is Mattress Wholesalers making progress in its inventory reduction​ effort?   Since the number of weeks that cover the supply has ▼   increased decreased not changed ​, Mattress Wholesalers is making ▼   progress no progress negative progress in its​ inventory-reduction effort.

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Principles Of Operations Management

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