Jack's clothing sells on average, 25 shirts per week, sometimes a little more, sometimes a little less but typically a deviation of about 3. The cost per jacket is $65. Because Jack's is located in a sketchy part of town their insurance on inventory is 33% on all goods. The good news is free shipping to customers although UPS charges Jack's $8.50 for every delivery. It takes 2 weeks from the time jackets are ordered until they are received. Jack's supplier has said they only ship by pallet, and each pallet contains 75 jackets. How much is the average inventory? SHOW YOUR WORK. ANSWER MUST BE ONE OF THE 3 GIVEN CHOICES!!!     A. 50     B. 37.5     C. 75 Please do fast ASAP fast

Purchasing and Supply Chain Management
6th Edition
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Chapter16: Lean Supply Chain Management
Section: Chapter Questions
Problem 10DQ: The chapter presented various approaches for the control of inventory investment. Discuss three...
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Jack's clothing sells on average, 25 shirts per week, sometimes a little more, sometimes a little less but typically a deviation of about 3. The cost per jacket is $65. Because Jack's is located in a sketchy part of town their insurance on inventory is 33% on all goods. The good news is free shipping to customers although UPS charges Jack's $8.50 for every delivery. It takes 2 weeks from the time jackets are ordered until they are received. Jack's supplier has said they only ship by pallet, and each pallet contains 75 jackets. How much is the average inventory? SHOW YOUR WORK. ANSWER MUST BE ONE OF THE 3 GIVEN CHOICES!!!     A. 50     B. 37.5     C. 75 Please do fast ASAP fast
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