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Raj Cycles Limited is a leading bespoke cycle retailer and it operates throughout the year. The cost of goods sold

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Raj Cycles Limited is a leading bespoke cycle retailer and it operates throughout the year. The cost of goods sold last year was £835,000. The firm modifies eight items to customize cycles as per requests made by customers. Table 12.3 shows last year's average inventory levels for these items, along with their unit values.
a. What is the average aggregate inventory value?
b. The firm is expecting a disruption in its supply due to various reasons. How many weeks can it manage without a supply?
c. What was the inventory turnover last year? What conclusions can you draw from this analysis?Category Frame Tire Seats Part Number Diamond Stepthrough Cantilever Cross Clincher Tubular Performance

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Category Frame Tire Seats Part Number Diamond Stepthrough Cantilever Cross Clincher Tubular Performance Cushioning Average Inventory Units 200 500 300 100 600 800 350 750 Value per Unit £250 £260 £175 £100 £40 £50 £10 £15

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a Average Aggregate Inventory Value To calculate the average aggregate inventory value you need to multiply the average inventory units by their respe…View the full answer


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Related Book For  answer-question
Operations Management Processes And Supply Chains

Operations Management Processes And Supply Chains

ISBN: 9781292409863

13th Global Edition

Authors: Lee Krajewski, Naresh Malhotra, Larry Ritzman

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Question Details
Chapter # 12- Supply Chain Design
Section: Problems
Problem: 7
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Question Posted: September 23, 2023 04:54:48
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