Tigongzhe Company is a Chinese supplier of smartphone camera parts to manufacturing companies in China that assemble

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Tigongzhe Company is a Chinese supplier of smartphone camera parts to manufacturing companies in China that assemble smartphones. Last year it had cost of goods sold of $63.7 million and the following average value of production materials and parts, work-inprocess, and finished goods inventory:

Production materials and parts...................$1,216,000

Work-in-process...............................................6,490,000

Finished goods.................................................4,336,000

Determine the company’s inventory turns and days of supply being held in inventory.

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Related Book For  book-img-for-question

Operations and Supply Chain Management

ISBN: 978-1119444404

9th edition

Authors: Roberta S. Russell, Bernard W. Taylor

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