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The Marlin Company operates 50 weeks a year, and its cost of goods sold last year was $1,800,000. The firm carries six items in inventory: three raw materials, two work-in-process items, and one finished good. The following table shows the company’s last year’s average inventory levels for these items, along with their unit values. Category Part Number Average Inventory Units Value per Unit Raw Materials RM-1 RM-2 RM-3 1750 1500 1900 $15 $20 $10 Work-in-process WIP-1 WIP-2 1500 1300 $45 $50 Finished Goods FG-1 1000 $120 a) What is their average aggregate inventory value? b) How many weeks of supply does the firm have? c) What was their inventory turnover last year? d) The turnover ratio is widely used because it is a common measure that links to the financial statements of the firm. Discuss the benefits and drawbacks of using this measure.
Compare the pre-unification Theban style to that of the block statue style that began in the early Twelfth Dynasty. Where do you see we see the most notable difference? (Look at faces, heads, shoulders, arms and legs, body size.)
Discuss why Operations Research (Decision Sciences, Quantitative Analysis, etc.) is an important area of study for future managers/leaders.
Company 'x' has retention rate of 50%, sales $25000, beginning equity $50000, profit margins of 10%, asset turnover ratio of .75 and debt of $10000. what is its sustainable growth rate?
Define the steps in the advertising management process as you understand them and 1 theory that might help guide your brand awareness goal.
A product is said to have superior quality when: A non-profit organization dedicated to providing homeless people with hot meals served at a local church is reviewing its internal resources.
Explain 5 differences between criminal and civil law. explain 3 defenses to criminal liability.
After reading about the determinants of high-performing teams, do you feel that a team which you are a part of today, or have been in the past, meets the criteria of a high-performing team? Why, or why not?
On a straight stretch of road of length L, there is a stop sign at either end at which you must stop, although there is no speed limit between the signs. We further assume the air resistance is mu v when your travel speed is v during the entire stret..
Although forces in the foreign environment are the same as those in the domestic environment, they operate differently. Why is this so?
How many full items can be produced in a work day (7 hours and 15 minutes)? This must be a whole number (round down if necessary).
Does the the federal government delegate too much power to federal administrative agencies? Do the courts defer too much to Congress in its delegation of power to agencies? Support your answer with factual evidence and cases you've found.
A pharmacy dispenses a generic drug at an average rate of 80 milligrams per day. An examination of pharmacy records suggests that daily demand is approximately normal and has a standard deviation of 10 milligrams per day, Lead time is four days and t..
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