Manufactures over-the-counter and prescription drugs

Assignment Help Operation Management

Reference no: EM131234553

The Fizer Drug Company manufactures over-the-counter and prescription drugs. Last year the company’s cost of goods sold was $470 million. It carried average raw material inventory of $17.5 million, average work-in-process of $9.3 million, and average finished goods inventory of $6.4 million. The company operates 365 days per year. Compute the company’s inventory turns and days of supply for last year.

Reference no: EM131234553

Questions Cloud

Manufactures two types of trucks : TruckCo manufactures two types of trucks: 1 and 2. Each truck must go through the painting shop and assembly shop. If the painting shop were completely devoted to painting Type 1 trucks, then 800 per day could be painted: if the painting shop were co..

Manaing across culture : Manaing Across Culture. Being an effective international manager may depend on different identities. Which of the identities describe on page 210 are important to you at work? o what extent do they influence your effectiveness (as perceived by you an..

Analyze business ethics and sustainability : Analyze business ethics and sustainability at Gazprom, and answer the following: Assess the ethics involved with an energy company’s strategy and actions. Debate whether or not a for-profit company competing with rivals can effectively balance ethica..

Why are the following business processes important : Why are the following business processes important?

Manufactures over-the-counter and prescription drugs : The Fizer Drug Company manufactures over-the-counter and prescription drugs. Last year the company’s cost of goods sold was $470 million. It carried average raw material inventory of $17.5 million, average work-in-process of $9.3 million, and average..

What is the current capacity of the entire system : The following diagram describes a service process where customers go through through either of two parallel three-step processes and then merge into a single line for two final steps. Capacities of each step are shown on the diagram. What is the curr..

Family businesses add complexity to managing : Family businesses add complexity to managing in some areas and decrease uncertainty in other areas.” Discuss the potential advantages and disadvantages inherent in a family business structure. Cite your readings. At least two specific cites.

Evaluating inductive arguments using generalization : “Evaluating Inductive Arguments Using Generalization”), various individuals come to various conclusions based on the evidence that they have from their own experience. Discuss a time when you have made a generalization based on limited evidence or ex..

Why would life cycle be consideration in product : What are some of the factors that cause organizations to redesign their products or services? Why would Life Cycle be a consideration in product or service design? What is the purpose of value analysis? What is life cycle assessment, and what is its ..

User Account

All Pages