Describe costco''s inventory before it is sold, Operation Management

Assignment Help:

The following table shows financial data for Costco and wal mart:

CostcoInventories: $3,643Sales (net): $48106COGS: $41651

Wal Mart:Inventories: $29447Sales (net): $286103COGS: $215493

Assume that both companies have an average annual holding cost rate of 30 percent.

a. How many days on avg. does a product stay in Costco's inventory before it is sold? Assume that stores are operated 365 days a year.

b. How much lower on avg the inventory cost for costco compared to walmart of a hh cleaner valued at $5 COGS?

Assume that the unit cost of the household cleaner is the same for both companies and that the price and the inventory turns of an item are independent.


Related Discussions:- Describe costco''s inventory before it is sold

Explain what kind of training should be done, Performance problems seem all...

Performance problems seem all too common in your workplace. People don't seem to be putting forth the needed effort, and interpersonal conflict on the work teams seems to be a cons

Define the coordinate of potential sites for hospital, Suppose a new hospit...

Suppose a new hospital is to be built to provide emergenct medical healthcare service to 5 town w coordinates (5,6), (1,3), 13,7), (11,2), (18,1) on a map. The exisiting transporta

Explain the fixed cost and the variable cost of production, The fixed cost ...

The fixed cost and the variable cost of production of product are 200000USD and demand is 500units to break even unit price of first 300 item will be?

Marketing manager needs to know the marketing research cost, The marketing ...

The marketing manager needs to know the cost of the research project before approving it. During which stage of the marketing research process would such a consideration most likel

Group layout, Can I know what is group layout

Can I know what is group layout

Explain counteract the high costs of obese employees, Answer the following ...

Answer the following questions: 1. What are the pros and cons of an airline implementing a policy that heavier customers need to buy a second seat? Research an airline and provi

Explain simple regression analysis is a tool, Simple regression analysis is...

Simple regression analysis is a tool that characterize relationships between a _______________ and _____________________. regression partner, simple partner dependant variab

Explain outline and explain the three major elements, Outline and explain t...

Outline and explain the three major elements (and their arguments) contained in the controversial question as to whether union security provisions should be negotiated in labour ag

Explain linear programming concept paper, Linear Programming Concept paper....

Linear Programming Concept paper. Submit a Linear Programming Concept Paper about the following: • The two types of linear programming discussed. • Five examples of LP applic

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd