Arrow Distributing Corp. likes to track inventory by using weeks of supply as well as by...

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Arrow Distributing Corp. likes to track inventory by using weeks of supply as well as by inventory turnover. Arrow Distributi

a) What is its weeks of supply? weeks (round your response to two decimal places). b) what percentage of arrows are committed

business Operations-Management

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Answer 1

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(a)

Assuming a year has 52 weeks

Avg. Weekly cost of goods = 12,330 / 52 = 237.1154

Weeks of Supply = 960 / 237.1154 = 4.0486 = 4.05

(b)

Percent invested in inventory = 960 / 9350 = 10.27%

(c)

Inventory Turnover = 12330 / 960 = 12.84 times

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Answer 2

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