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Barington Mills manufactures denim cloth from two primary raw mate- rials, cotton and dye. Work-in-process includes lapped cotton, spun yarn, and undyed cloth, while finished goods includes three grades of dyed cloth. The average inventory amounts on hand at any one time last year and the unit costs are as follows. 10-5. 10-6. Year 1 2 3 4 Raw Materials Average Inventory Unit Cost Cotton Dye Lapped cotton Spun yarn Undyed cloth Grade 1 cloth Grade 2 cloth Grade 3 cloth 70,000 lb. 125,000 gal. 2000 rolls 5000 spools 500 rolls 250 rolls 190 rolls 310 rolls $2.75 5.00 $10.50 6.75 26.10 $65.00 80.00 105.00 Component parts Work-in-process Finished computers Cost of goods sold $20.5 27.8 30.8 4.2 6.7 7.1 3.6 7.2 8.6 226.0 345.0 517.0 37.3 9.5 10.1 680.0 days of supply Work-in-Process a. Determine the number of inventory turns and the for each year. b. As the company has grown, does it appear that the company’s sup- ply chain performance has improved? Explain your answer. c. If the company wants to improve its supply chain performance, what items should it focus on? Why? Delph Manufacturing Company is going to purchase an auto parts component from one of two competing suppliers. Delph is going to base its decision, in part, on the supply chain performance of the two suppliers. The company has obtained the following data for average raw materials, work-in-process, and finished goods inventory value, as well as cost of goods sold for the suppliers. Finished Goods The company operates 50 weeks per year, and its cost of goods sold for the past year was $ 17.5 million.
Just as firms keep track of their inventory in order to optimize such areas as storage and delivery, a firm's use of transport modes is also analyzed. Discuss some ways in which mode use analysis might help in the decision-making for a firm's distrib..
Does value creation translate directly into profit? Discuss this question providing an in-depth analysis. In answering this question, you will need to draw on the analysis of the five forces.
A healthcare facility is focused on 20 day readmission rates. In a previous circumstance where of 50,000 discharges, 5,200 were not re-admitted within 2 days and came from urban areas. There were 32,000 rural discharges, where patients were admitted ..
Design specifications reflecting customer requirements for a product are known as
Write an essay discussing the operational issues facing Brisbane Extraction Systems Australia. The essay should identify and discuss the operational aspects that are affecting the organisation.
A manufacturer must decide whether to build a small or a large plant. Demand can be either weak or strong, with probabilities estimated to be 40% and 60%, respectively. If a small plant is built, and demand is strong, the production manager may choos..
Briefly define Kirkpatrick's Four Levels of Evaluation. Then, discuss which particular level you would use in your Portfolio Project assignment to measure training, and why that level offers a better strategy than utilizing any other level. Offer fee..
Studying the cultural differences between countries can help a company be more successful doing business internationally. What are the cultural dimensions that vary by country? What is cultural intelligence?
Luthans and Doh (2012) discuss misinterpretations. Why is it important to be cognizant of misinterpretations as an international manager?
During busy periods, a new customer walks into LHS every 15 mins. (with a standard deviation of 15 mins). At SHC, a customer walks in every hour (with a standard deviation of 1 hour) LHS has a staff of 4 barbersm while SHC has 1 barber.
Two television stations compete with each other for viewing audience. Determine the optimal strategy for each station. What is the value of the game?
Analyze major events and technological advantages that influenced modern Health Care Information Systems. ?Consider the following events and technological advantages: Governmental Programs.
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