a. Express total inventory as weeks of supply. The weeks of supply is weeks. (Enter your response rounded to one decimal place.) b. Express total inventory as inventory turns. The inventory turnover is turns per year. (Enter your response rounded to one decimal place.)
Q: How can optimization techniques be integrated into system models to improve performance and…
A: Optimisation techniques are methodical approaches to improving performance and efficiency by…
Q: Strategic leaders must decide the boundaries of their firm - L.e., what they make versus what they…
A: The decision to produce goods or services in-house entails using the organization's own facilities,…
Q: The Westchester Chamber of Commerce periodically sponsors public service seminars and programs.…
A:
Q: Explain what is the use of work contour in MS project? What are the different types of contour you…
A: In Microsoft Project, a work contour is a tool that helps you define how work on a task is…
Q: 3-9 Earthbound Corporation is a manufacturer and distributor of air conditioning system. You have…
A: The economic order quantity specifies the evaluation of finding or determining the adequate quantity…
Q: Using excel, how do I calculate the percentage of Dissatisfied Visitors and what is the sample size?
A: Happy Park visitorsDissatisfied visitors13614144614281437148213119
Q: Under EDD rule, the flow time of job C is (type number only, no text)
A: In operations management, EDD (Earliest Due Date) is a scheduling and sequencing rule used for…
Q: The fixed and variable costs for three potential manufacturing plant sites for a rattan chair weaver…
A: In the domain of business and operations management, location planning is a crucial decision-making…
Q: Explain how relationships can help or hinder negotiations. How does adding additional parties, such…
A: The negotiation process is the aspect of the organization that deals with managing or resolving the…
Q: Kelle Carpet and Trim installs carpet in commercial offices. Peter Kelle has been very concerned…
A: The Critical Path Method provides project managers with a systematic approach to analyzing and…
Q: PM.346.HSF1 The Practice of Project Management Pls do not generalize the answer. Thank youuuuu TO…
A: The Shu-Ha-Ri model is a Japanese martial arts concept that represents three levels of talent…
Q: 0 1 2 3 02 1 4 03 1 5 1 6 сл 2 4 6 2 3 Legend ES ID EF SL SL LS DUR LF Resource
A: Here, in the question, I am given the network diagram, This network diagram is to be completed,…
Q: SARAH LUBBERS AND CHRIS RUSCHE, GRAND VALLEY STATE UNIVERSITY Farmers Restaurant is a full-service…
A: Farmers Restaurant, managed by Kristin Davis, is a full-service restaurant offering a variety of…
Q: As the new profit center manager, you switch carriers to a more expensive, but quicker, more…
A: In this instance, a newly appointed profit centre manager is choosing to strategically change…
Q: Explain a project has a beginning and an end and provide an example?
A: A project is time-restricted and planned work that includes set activities, resources, and goals to…
Q: Which of the following is NOT a key theory of motivation? Question 2 options: Maslow's…
A: Motivation plays an important role in an organization. It is important for managers to identify the…
Q: Within a workplace, a worker describes how his co-workers leave business documents on the reception…
A: When co-workers leave business documents on the reception desk and belongings within the conference…
Q: What are the primary goals and intended outcomes of implementing employee feedback surveys as a part…
A: Organisations can improve workplace culture and employee satisfaction by using employee feedback…
Q: North Dakota Electric Company estimates its demand trend line (in millions of kilowatt hours) to be:…
A: The concept used here is forecasting using linear trends and seasonal relatives.
Q: How does the Internet contribute to the globalization of e-commerce and digital business models?…
A: The globalisation of e-commerce and digital business models has been made possible by the Internet,…
Q: 1. In the context of a service-based organization, delivering high-quality services is essential to…
A: In the ever-changing world of service-oriented businesses, providing excellent service is essential…
Q: A "Fidelity Bond" does NOT cover which one (1) of the following exposures? Robbery of money from an…
A: Business, organizations, individuals function in an environment that is volatile. The environment is…
Q: Discuss the key factors that organizations should consider when selecting an outsourcing partner for…
A: Organisations frequently have to choose whether to outsource their website creation and maintenance…
Q: The following gives the number of accidents that occurred on Florida State Highway 101 during the…
A: The least square regression model considers Y=a+bx. Here, "a" indicates intercept and "b" indicates…
Q: Identify and describe a queueing system of interest
A: The mathematical study of queuing systems, known as queuing theory, offers methods and instruments…
Q: What is the significance of IT project management in the successful implementation of technology…
A: An essential discipline for the effective implementation of technology projects in businesses is IT…
Q: A milling machine requires four setups per production cycle. Each setup takes 25 minutes. The…
A: Understanding process capacity helps organizations meet customer demand by ensuring that production…
Q: Wayne Hills Hospital in tiny Wayne, Nebraska faces a problem common to large, urban hospitals as…
A: Inventory management is the process of managing the inventory level in the organization such that…
Q: enry Fayol is a French industrialist whose contributions are termed as operational management or…
A: Operations management is a fundamental discipline in contemporary business that revolves around the…
Q: A green belt is going to monitor the process by collecting more than 10 samples per group. Which of…
A: In statistical process control, control charts are essential tools for monitoring and managing…
Q: The three-station work cell at Pullman Mfg., Inc. is illustrated in the figure b parallel (i.e., the…
A: Station 1Machine A = 20 min/unitMachine B = 20 min/unitStation 2 = 12 min/unitStation 3 = 6 min/unit
Q: escribe Project Management.
A: Project management is a systematic approach to planning, executing, and overseeing the successful…
Q: A project consists of the following seven activities and related time estimates for each activity…
A: Find the given details below:
Q: According to theory of international business development the firm's competitive advantages created…
A: The internationalization of businesses has become a vital aspect of the global economic landscape,…
Q: why is Project Management crucial to Strategic Planning of an organization
A: Management is an integral part of an organization. It helps in coordinating the efforts of various…
Q: If the employee performance rating is 1.50, what is the standard time for this task with an…
A: Let me show the given data, ObservationTime152.7270353.3490.3580.6686.7The employee performance…
Q: What is the break-even quantity, beyond which the second process becomes more attractive than the…
A: For the first process, the fixed cost= 48200the variable cost per unit = 735For the second process,…
Q: An optimal solution to a linear programmingproblem can be found at an extreme point of the feasible…
A: Linear programming is a concept that helps to measure the optimal profit when there are a limited…
Q: Wingman Distributing Company is expanding its supply chain to include a new distribution hub in…
A: Monthly capital cost = $1,100Maintenance cost = $0.90 per mileMonthly distance covered = 6,000…
Q: please, to solve the crossword puzzle
A: Performance is a concept used in managing human resources of an organization. This is done by…
Q: Explain the concept of omni-channel CRM and its relevance in today's competitive business…
A: Businesses use the strategic approach known as omni-channel customer relationship management, or…
Q: From the Research Topic and questions kindly provide a draft for a proposed seminar presentation as…
A: The procedures for identifying, employing, and retaining qualified personnel for government posts…
Q: Solve the following linear program by simplex methods. (Write down the simplex tableau for each…
A: Linear programming is an approach that is used to find the best potential outcome in a mathematical…
Q: Explain the importance of vendor management in the context of IT resource acquisition and vendor…
A: Vendor management can be defined as the process used by businesses to control, regulate, and improve…
Q: What are the critical differences between a local, regional, and global continuity plan? How does…
A: A continuity plan is a crucial tool for any organization, as it helps the organization to prepare…
Q: How do project roles differ in Agile and Waterfall project management methodologies?
A: Project management is the part or aspect of management of the project that deals with managing and…
Q: A manufacturer of precision machine parts produces round shafts for use in the construction of drill…
A: Given Information: Average diameter (X) = 0.56 inch Average Range (R) = 0.006 inch Sample size (n) =…
Q: Outline a background of the case below. (Please note that this is not an essay question.) In June…
A: Social enterprise is the sort of organization that is concerned with applying commercial activities…
Q: C&A Bakers produces three kinds of bread: wheat, white, and multigrain. The data on these products…
A: Production rate supports the organization’s ability to track the speed and effectiveness with which…
Q: Required: (i) (ii) (iii) Draw a network and identify the critical path. What are the normal project…
A: NOTE: We are allowed to do the first three sub-parts only. 1. Take the ES of the initial activity as…
Trending now
This is a popular solution!
Step by step
Solved in 4 steps with 4 images
- Jack Jones, the materials manager at Precision Enterprises, is beginning to look for ways to reduce inventories. A recent accounting statement shows that the inventory investment for raw materials is $4,100,400, for work-in-process is $6,538,000, and for finished goods is $2.964,000. This year's cost of goods sold will be about $18,148.000. Assume that there are 52 business weeks per year a. Express total inventory as weeks of supply. The weeks of supply is weeks. (Enter your response rounded to one decimal place.) b. Express total inventory as inventory tums. The inventory turnover is turns per year. (Enter your response rounded to one decimal place.)The owner of a large machine shop has just finished its financial analysis from the prior fiscal year. The following is an excerpt from the final report Net revenue $ 343,000 Cost of goods sold 302,000 Value of production materials on hand 42,500 Value of work-in-progress inventory 69,000 Value of finished goods on hand 28,000 Compute the inventory turnover ratio (ITR). (Round 1 decimal place) Compute the weeks of supply (WS) (Do not round immediate calculation. Round 1 decimal place)The owner of a large machine shop has just finished its financial analysis from the prior fiscal year. Following is an excerpt from the final report: Net revenue $375,000 Cost of goods sold 322,000 Value of production materials on-hand 42,500 Value of work-in-process inventory 37,000 Value of finished goods on-hand 12,500 Compute the inventory turnover ratio (ITR). Note: Round your answer to 1 decimal place. Compute the weeks of supply (WS). Note: Do not round intermediate calculations. Round your answer to 1 decimal place.
- Last Year Sales $208,000 $221,000 Cost of goods sold 106,000 116,000 Gross margin 102,000 105,000 Other expenses 49,000 49,000 Net income 53,000 56,000 Finished goods inventory 2,700 5,000 Work-in-process inventory 11,000 8,000 Raw material inventory 5,500 7,000 Total inventory (average for year) 19,200 20,000 Other current assets 93,000 109,000 Other assets 210,000 249,000 Total assets 322,200 378,000 ^THIS YEAR The plant manager, Murat Kristal, at York Technologies makes Aircraft Navigation Systems. He expects you, as the new OM analyst, to provide some insight for performance of the plant. High on his list is an understanding of his inventory…Last Year Sales $208,000 $221,000 Cost of goods sold 106,000 116,000 Gross margin 102,000 105,000 Other expenses 49,000 49,000 Net income 53,000 56,000 Finished goods inventory 2,700 5,000 Work-in-process inventory 11,000 8,000 Raw material inventory 5,500 7,000 Total inventory (average for year) 19,200 20,000 Other current assets 93,000 109,000 Other assets 210,000 249,000 Total assets 322,200 378,000 ^THIS YEAR The plant manager, Murat Kristal, at York Technologies makes Aircraft Navigation Systems. He expects you, as the new OM analyst, to provide some insight for performance of the plant. High on his list is an understanding of his inventory…The following data are pulled from a recent Walsh Manufacturing annual report. Assets Raw material inventory $120,000 Work-in-process inventory $50,000 Finished goods inventory $300,000 Property, plant & equipment $500,000 Other assets $200,000 Total assets $1,170,000 Condensed Income Statement Revenue $2,000,000 Cost of goods sold $600,000 Other expenses $1,000,000 Net income $400,000 Using the data above calculate: (a) Percent invested in inventory, (b) Inventory turnover, and (c) Weeks of supply. NOTE: please give me the answer within 2 hours only.Thank you
- Jack Jones, the materials manager at Precision Enterprises, is beginning to look for ways to reduce inventories. A recent accounting statement shows the following inventory investment by category: raw materials, $3,129,500; work-in-process, $6,237,000; and finished goods, $2,686,500. This year’s cost of goods sold will be about $32.5 million. Assuming 52 business weeks per year, express total inventory asa. Weeks of supplyb. Inventory turnsUnilever Manufacturing operates year-round. The following data are pulled from thecompany’s most recent semi-annual report.Assets• Raw material inventory $120,000• Work-in-process inventory $50,000• Finished goods inventory $300,000• Property, plant, and equipment $500,000• Other assets $200,000• Total assets $1,150,000Condensed Income Statement• Revenue $2,000,000• Cost of goods sold $600,000• Other expenses $1,000,000• Net income $400,000Calculate the following based on a year duration:(a) Percentage invested in inventory (PIII);(b) Inventory turnover (TURNS); and(c) Weeks of supply (WOS)The King Corporation has ending inventory of $386,735, and cost of goods sold for the year just ended was $4,981,315. a. What is the inventory turnover? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the days' sales in inventory? (Use 365 days a year. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. How long on average did a unit of inventory sit on the shelf before it was sold? (Use 365 days a year. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. Inventory turnover times b. Days' sales in inventory days C. Inventory days on shelf days
- I need correct and non plagiarised answer. I will rate accordingly. What is the difference between Quantity Production and Flow Line Production?With an aid of a diagram, explain the cumulative expenditures curve concept.I need help with question 6 given and prepare the worksheet for Excel by the data of customers. Also, please explain or provide the steps of how to do those questions in the new worksheet of Excel.