Weeks of supply for last year in Company MW. Introduction: Supply chain management is one of the important elements of a business which impacts business product development. With expanding business in global conditions, supply chain activities can impact on the cost effectiveness of the business.

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Answer 1

Question

Chapter 11, Problem 8P

a)

Summary Introduction

To determine: Weeks of supply for last year in Company MW.

Introduction: Supply chain management is one of the important elements of a business which impacts business product development. With expanding business in global conditions, supply chain activities can impact on the cost effectiveness of the business.

b)

Summary Introduction

To determine: Weeks of supply for this year in Company MW.

c)

Summary Introduction

To determine: Whether Company MW is making constructive progress in inventory reduction.

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Mattress Wholesalers, Inc., is constantly tryingto reduce inventory in its supply chain. Last year, cost ofgoods sold was $7.5 million and inventory was $1.5 million.This year, cost of goods sold is $8.6 million and inventoryinvestment is $1.6 million.a) What were the weeks of supply last year?b) What are the weeks of supply this year?c) Is Mattress Wholesalers making progress in its inventoryreduction effort?

Matt ress Wholesalers, Inc., is constantly trying to reduce inventory in its supply chain. Last year, cost of goods sold was $7.5 million and inventory was $ 1.5 million. This year, cost ofgoods sold is $8.6 million and inventory investment is $1.6 million. Ja) What were the weeks of supply last year?b) What are the weeks of supply this year?c) Is Mattress Wholesalers making progress in its inventoryreduction effort?

Mattress Wholesalers, Inc. is constantly trying to reduce inventory in its supply chain. Last year, cost of goods sold was $7.52 million and inventory was $1.47 million. This year, costs of goods sold is $8.59 million and inventory investment is $1.57 million. a) What was its weeks of supply last year? (round your response to two decimal places).

Answer 2

Question

Chapter 11, Problem 8P

a)

Summary Introduction

To determine: Weeks of supply for last year in Company MW.

Introduction: Supply chain management is one of the important elements of a business which impacts business product development. With expanding business in global conditions, supply chain activities can impact on the cost effectiveness of the business.

b)

Summary Introduction

To determine: Weeks of supply for this year in Company MW.

c)

Summary Introduction

To determine: Whether Company MW is making constructive progress in inventory reduction.

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Answer 3

Question

Chapter 11, Problem 8P

a)

Summary Introduction

To determine: Weeks of supply for last year in Company MW.

Introduction: Supply chain management is one of the important elements of a business which impacts business product development. With expanding business in global conditions, supply chain activities can impact on the cost effectiveness of the business.

b)

Summary Introduction

To determine: Weeks of supply for this year in Company MW.

c)

Summary Introduction

To determine: Whether Company MW is making constructive progress in inventory reduction.

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Answer 4

Question

Chapter 11, Problem 8P

a)

Summary Introduction

To determine: Weeks of supply for last year in Company MW.

Introduction: Supply chain management is one of the important elements of a business which impacts business product development. With expanding business in global conditions, supply chain activities can impact on the cost effectiveness of the business.

b)

Summary Introduction

To determine: Weeks of supply for this year in Company MW.

c)

Summary Introduction

To determine: Whether Company MW is making constructive progress in inventory reduction.

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Answer 5

Chapter 11, Problem 8P

a)

Summary Introduction

To determine: Weeks of supply for last year in Company MW.

Introduction: Supply chain management is one of the important elements of a business which impacts business product development. With expanding business in global conditions, supply chain activities can impact on the cost effectiveness of the business.

b)

Summary Introduction

To determine: Weeks of supply for this year in Company MW.

c)

Summary Introduction

To determine: Whether Company MW is making constructive progress in inventory reduction.

Answer 6

Chapter 11, Problem 8P

a)

Summary Introduction

To determine: Weeks of supply for last year in Company MW.

Introduction: Supply chain management is one of the important elements of a business which impacts business product development. With expanding business in global conditions, supply chain activities can impact on the cost effectiveness of the business.

Answer 7

Chapter 11, Problem 8P

a)

Summary Introduction

To determine: Weeks of supply for last year in Company MW.

Introduction: Supply chain management is one of the important elements of a business which impacts business product development. With expanding business in global conditions, supply chain activities can impact on the cost effectiveness of the business.

Answer 8

b)

Summary Introduction

To determine: Weeks of supply for this year in Company MW.

Answer 9

b)

Summary Introduction

To determine: Weeks of supply for this year in Company MW.

Answer 10

c)

Summary Introduction

To determine: Whether Company MW is making constructive progress in inventory reduction.

Answer 11

c)

Summary Introduction

To determine: Whether Company MW is making constructive progress in inventory reduction.

Answer 12

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Answer 13

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Answer 14

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Answer 15

Ch. 11.S - Prob. 1DQ Ch. 11.S - Prob. 2DQ Ch. 11.S - Prob. 3DQ Ch. 11.S - Prob. 4DQ Ch. 11.S - Prob. 5DQ Ch. 11.S - Prob. 6DQ Ch. 11.S - Prob. 7DQ Ch. 11.S - Prob. 8DQ Ch. 11.S - Prob. 9DQ Ch. 11.S - Prob. 10DQ

Weeks of supply for last year in Company MW. Introduction: Supply chain management is one of the important elements of a business which impacts business product development. With expanding business in global conditions, supply chain activities can impact on the cost effectiveness of the business.

Solution Summary: The author explains how supply chain management impacts business product development and the cost effectiveness of the business.

Concept explainers

To determine: Weeks of supply for this year in Company MW.

To determine: Whether Company MW is making constructive progress in inventory reduction.

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Chapter 11 Solutions