Park Electrochemical Corp. makes laminates and insulators for printed circuit boards. Which of the following would Park Electrochemical be examining if it were to look at the competitive factor power of suppliers? OA. Norrell Corporation provides 6,000 temporary laborers for Park OB. Sunguard Computers, manufacturer of mainframe computers, uses Park insulators OC. Ingram Micro, a wholesale business that distributes computer parts to manufacturers and computers to retailers, stocks Park laminates and insulators OD. Individuals who custom design computers often select Park insulators for their machines OE. All of the above would be examined if Park Electrochemical was examining the competitive factor power of suppliers.
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- 33- Which one of the following is a reason for a stock out situation for a retailer? a. Consumer demand remains unchanged b. Price of the product increases c. More lead time taken by the supplier d. There is buffer stock with the retailerArrow Distributing Corp. likes to track inventory by using weeks of supply as well as by inventory turnover. Arrow Distributing Corp. Net Revenue $15,630 Cost of sales $12,190 Inventory $1,090 Total assets $8,770 a) What is its weeks of supply? weeks (round your response to two decimal places). b) What is Arrow's inventory turnover? times per year (round your response to two decimal places). c) Suppose a manufacturer has an inventory turnover of 13.5 times per year. Arrow's supply chain performance relative to the manufacturer's, as measured by inventory turnover, isUnreliability of vendors leads toa. Production uncertainty.b. Process uncertainty.c. Demand uncertainty.d. Supply uncertainty.
- Conduct the ABC analysis for a convenience store, using the following percentages A inventory - most important items, generating 60% of sales B inventory - items generating the next 30% of sales Cinventory - items generating <10% of sales Stock (units) |Unit price Revenue 1000 $ 1.89 Product АВС Candy bars Cereal 200 $ 4.50 Cookies 400 $ 4.00 Milk 100 $ 2.00 200 $ 3.00 500 $ 1.50 Muffins Soda Hints 1. sort by revenue (largest to smallest) 2. calculate % of total revenue for each item 3. run a cumulative % for the items 4. identify the cut-off for each category You can run the entire exercise sorting and extending the table abovecan you please help me answer this question.... Rebar Company prepared the following analysis of its year-end inventory on December 31. First, determine the total lower of cost or market value for each product in Rebar Company's inventory. Second, prepare the journal entry needed at year-end to value the inventory at LCM, if applicable. Historical Cost Replacement Cost Product Quantity per unit per unit A 17 $430 $499 B 140 325 299 C 38 75 69Arrow Distributing Corp. likes to track inventory by using weeks of supply as well as by inventory turnover. Arrow Distributing Corp. Net Revenue Cost of sales Inventory Total assets $16,320 $14,150 $990 $8,490 a) What is its weeks of supply? weeks (round your response to two decimal places). b) What percentage of Arrow's assets are committed to inventory?% (enter your response as a percentage rounded to two decimal places). c) What is Arrow's inventory turnover? times per year (round your response to two decimal places). d) Suppose a manufacturer has an inventory turnover of 13.5 times per year. Arrow's supply chain performance relative to the manufacturer's, as measured by inventory turnover, is
- 1A-Distinguish/analysize/identify among cycle, safety, pipeline and speculative stock B-In what ways can inventory turnover provide important insights about an organisations competitiveness and efficiency 2 explain when might a multiclient warehousing management; A-Be appropriate for a company B-Using examples when necessary, discuss the design elements to be considered when using storing hazardous materialsk of PDF : https://docdro.id/psUSO2n https://docdro.id/KV8USNQ question : 1/ According to Weele, the items that we measure determines the role of the purchasing function. List these roles, and show the mapping. 2/ According to Simpson and et.al, why should we measure the performance of our suppliers? 3/ According to Simpson and et. al, what are the characteristics of our suppliers should we measure? List these down in terms of evaluative criteria and its details.Calculate total annual cost for the alternative suppliers for aproduct with following characteristics: montly demand; mean: 5000, standard deviation 2000 Holding cost: 30% Cycle service level: 98% Using EOQ formula, find the lot size. Don’t forget to add ordering cost to the total cost! Supplier 1 Supplier 2 Supplier 3 Ordering Cost(per order ) 1000 2000 5000 Cost 10 9 8 Average Lead Time ( month ) 0.5 2 2 Lead time std deviation ( month ) 0.5 1 2
- Baker Mfg Inc. wishes to compare its inventory turnover to those of industry leaders, who have turnover of about 13 times per year and 8% of their assets invested in inventory Baker Mfg. Inc. a) What is Baker's inventory turnover? Cost of Sales Inventory Inventory Turnover = b) What is Baker's percentage of assets committed to inventory? Inventory Total Assets Net Revenue Cost of sales Inventory Total assets = 16.25 times per year (round your response to two decimal places) Percentage of Assets Committed to Inventory = $27,500 $19,890 $1,224 $17,403 x 100% = 7.03% (enter your response as a percentage rounded to two decimal places). c) How does Baker's performance compare to the industry leaders? You already determined that Baker has a turnover of 16.25 versus 13 for the industry and 7.03% of its assets invested in inventory versus 8% for the industry. Using inventory turnover as a measure of supply chain performance, Baker's performance isI need question D solved please (a) What was their average aggregate inventory value? =46,410,239(b) What was their average inventory (measured in weeks of supply)? =6.97(c) What was their inventory turnover?=7.1771BIT operates on a build-to-stock policy, and therefore stores its finishedgoods in a warehouse capable of housing up to 70,000 units. Its annual overhead cost (fixed cost) is $117,000; and it costs $3/unit to house the finished goods. BIT has been approached by a warehouse company offering to house the finished goods for a unit cost of $4.5/unit, with an annual contract cost of $30,000. (d) Should BIT continue operating its own warehouse, or should it employthe warehouse company? Why?Annique is a leading consumer products company dealing in cosmetics and other personal care products. Annique aims to reduce the high inventory levels across their forward supply chain and reduce high warehousing costs within the next financial year. 7.Which one of the following is NOT a cost Anniqueshould consider to reduce warehousing costs? aWarehouse staff bWarehouse insurance cWarehouse levies dWarehouse obsolescence 8. Which of the following are disadvantages of Anniquehaving too much inventory? i. Bigger insurance premiums ii. More warehouse staff iii. Higher unit prices iv. Higher production costs v. Depreciation losses a. i ii iii iv v b. i ii v c. iii iv v d. i ii iii v 9.Annique decided that they need a new inventory-control system, preferably computer-assisted, to maintain their inventory at a minimum level. What inventory-control system would Annique make use of? 1The cyclical-ordering system. 2The system of fixed-order quantities. 3The just-in-time…