Question: A small manufacturing facility is being planned that will feed parts to three heavy manufacturing facilities. The locations of the current plants with their coordinates

A small manufacturing facility is being plannedA small manufacturing facility is being planned

A small manufacturing facility is being planned that will feed parts to three heavy manufacturing facilities. The locations of the current plants with their coordinates and volume requirements are given in the following table: PLANT LOCATION Peoria Decatur Joliet COORDINATES (x, y) 307, 291 378, 467 461, 173 VOLUME (PARTS PER YEAR) 4,150 5,950 3,250 Use the centroid method to determine the best location for this new facility. (Round your answers to 1 decimal place.) | The owner of a large machine shop has just finished its financial analysis from the prior fiscal year. Following is an excerpt from the final report: Net revenue Cost of goods sold Value of production materials on hand Value of work-in-process inventory Value of finished goods on hand $380,000 323,000 43,000 78,000 32,000 a. Compute the inventory turnover ratio (ITR). (Round your answer to 1 decimal place.) Inventory turnover ratio per year b. Compute the weeks of supply (WS). (Do not round intermediate calculations. Round your answer to 1 decimal place.) Weeks of supply

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