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silverbullet silverbullet
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8 years ago
Rome Corporation is a supplier of ball bearings. Because of the specialized manufacturing process employed, considerable work-in-process and raw material inventories are created. The current inventory levels are $1,500,000 and $3,775,000, respectively. In addition, finished goods inventory is $3,500,000, and sales (at cost) for the current year are expected to be about $28 million. Assume they operate 50 weeks per year.
a.   What is their total inventory (measured as weeks of supply)?
b.   What is their inventory turnover?
Textbook 
Operations Management: Processes and Supply Chains

Operations Management: Processes and Supply Chains


Edition: 11th
Authors:
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pennocpennoc
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7 years ago
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silverbullet Author
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7 years ago
thanks for being so helpful
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