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    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.
    b. inventory turnover.

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    Solution Preview

    Weeks of Supply:

    Average sales per week: 3500,000/52 weeks- 67307.69

    Inventory in hand: ...

    Solution Summary

    Supply Chain Design for a retailer: weeks of supply and inventory turnover is examined.