- Management Information Systems
- Supply Chain Management
Supply Chain Design for a retailer
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Following data were collected for a retailer:
Cost of goods sold $ 3,500,000
Gross profit $ 700,000
Operating costs $ 500,000
Operating profit $ 200,000
Total inventory $ 1,200,000
Fixed asset $ 750,000
Long-term debt $ 300,000
Assuming 52 business weeks per year, express total inventory as
a. weeks of supply.
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b. inventory turnover.
Weeks of Supply:
Average sales per week: 3500,000/52 weeks- 67307.69
Inventory in hand: ...
Supply Chain Design for a retailer: weeks of supply and inventory turnover is examined.