Explain work-in-process and raw materials are needed, Operation Management

Assignment Help:

The Bawl Corporation supplies alloy ball bearings to auto manufacturers in Detroit. Because of its specialized manufacturing process, considerable work-in-process and raw materials are needed. The current inventory levels are $2,420,000 and $1,360,000, respectively. In addition, finished goods inventory is $1,160,000 and sales (at cost) for the current year are expected to be about 64 million.

Express total inventory as:

a) Weeks of supply

b) Inventory turns


Related Discussions:- Explain work-in-process and raw materials are needed

Explain how does one go about controlling workers, How does one go about co...

How does one go about controlling workers' compensation cost, and why is that important?

Depict serializability graphs, Draw serializability (precedence) graphs for...

Draw serializability (precedence) graphs for the following schedules and state whether each schedule is (conflict) serializable. For each serializable schedule, determine the equiv

Explain the concept of supply chain management, Question 1: What are th...

Question 1: What are the various decisions Operations Managers are called upon to make in the manufacturing and service Industries for the various operational areas under his r

Explain the decision variables for this problem, Problem 4: Comp-Max Comput...

Problem 4: Comp-Max Computers assembles computers and computer equipment. It is about to start production of three new types of computers, called model A, B, and C, respectively. E

Explain two different forecasting techniques, Two different forecasting tec...

Two different forecasting techniques (F1 and F2) were used to forecast demand for cases of bottled water. Actual demand and the two sets of forecasts are as follows: PREDICTED DEMA

Find annual sales is thousands of bottles, Problem 3-5 A cosmetics manufact...

Problem 3-5 A cosmetics manufacturer's marketing department has developed a linear trend equation that can be used to predict annual sales of its popular Hand & Foot Cream. Ft = 80

Explain production department says that to achieve, The sales department te...

The sales department tells management that they can increase revenue by 20 percent by increasing sales 20 percent, but the production department says that to achieve that number of

Explain what is the purpose of a provider contract, What is the purpose of ...

What is the purpose of a provider contract? What intentions are enclosed in a provider contract and why is it important to detail party relationships, services, obligations, and ob

Batch operations - operations function, Batch Operations - Operations Funct...

Batch Operations - Operations Function Batch systems form an intermediate category, and are the most common. Here, many different products are produced at regular or irregular

Product or service design and process selection, Product or Service Design ...

Product or Service Design and Process Selection  Can the products/services be designed to satisfy the needs of both the market and the producers/providers? For example, it may

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