A company buys an item for €50 and sells it for €75.The annual sales and average stock of this item is 10000 units and1600 units, respectively; while the carrying cost is 20 percent of itsacquisition cost. Calculate:a) inventory turnoverb) weeks of supplyc) annual gross profitd) average investment in stocke) annual inventory carrying costWould the company operate more efficiently, if average stock isreduced to 1000 units?

A company buys an item for €50 and sells it for €75.The annual sales and average stock of this item is 10000 units and1600 units, respectively; while the carrying cost is 20 percent of itsacquisition cost. Calculate:a) inventory turnoverb) weeks of supplyc) annual gross profitd) average investment in stocke) annual inventory carrying costWould the company operate more efficiently, if average stock isreduced to 1000 units?

Name: A company buys an item for €50 and sells it for €75.The annual sales a
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Description: A company buys an item for €50 and sells it for €75.The annual sales and average stock of this item is 10000 units and1600 units, respectively; while the carrying cost is 20 percent of itsacquisition cost. Calculate:a) inventory turnoverb) weeks of s

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 33P: Assume the demand for a companys drug Wozac during the current year is 50,000, and assume demand...

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