EBI Solar uses a$$ high$-$tech process to turn silicon wafers into tiny solar panels. These efficient and inexpensive panels are used to power$$ low$-$energy hand$-$held electronic devices. Last$$ year, EBI Solar turned their inventory

$4\mathrm{.}64\mathrm{.}6$

times and had a cost of goods sold of

$$$$2\mathrm{.}12\mathrm{.}1$

million. Assume

$5252$

business weeks per year.

Part $2$

a$.$ Express last$$ year's average inventory in weeks of supply.

Weeks of

supplyequals$=11\mathrm{.}311\mathrm{.}3$

weeks $($Enter your response rounded to two decimal$$ places.$)$

Part $3$

b$.$ After several supply chain improvement$$ initiatives, inventory investment has dropped across all inventory categories. While$$ EBI's cost of goods sold is not expected to change from last$$ year's level, the value of raw materials has dropped to

$ $101$ comma $000$$$101,000$;

$$work$-$in$-$process to

$$$$26$ comma $00026,000$;

and finished goods to

$$$$15$ comma $50015,500.$

Assuming

$5252$

business weeks per$$ year, express$$ EBI's current total inventory level in weeks of supply and inventory turns.

Weeks of

supplyequals$=$enter your response here

weeks $($Enter your response rounded to two decimal$$ places.$)$

times and had a cost of goods sold of

$$$$2\mathrm{.}12\mathrm{.}1$

million. Assume

$5252$

business weeks per year.

Part $2$

a$.$ Express last$$ year's average inventory in weeks of supply.

Weeks of

supplyequals$=11\mathrm{.}311\mathrm{.}3$

weeks $($Enter your response rounded to two decimal$$ places.$)$

Part $3$

b$.$ After several supply chain improvement$$ initiatives, inventory investment has dropped across all inventory categories. While$$ EBI's cost of goods sold is not expected to change from last$$ year's level, the value of raw materials has dropped to

$ $101$ comma $000$$$101,000$;

$$work$-$in$-$process to

$$$$26$ comma $00026,000$;

and finished goods to

$$$$15$ comma $50015,500.$

Assuming

$5252$

business weeks per$$ year, express$$ EBI's current total inventory level in weeks of supply and inventory turns.

Weeks of

supplyequals$=$enter your response here

weeks $($Enter your response rounded to two decimal$$ places.$)$ast$$ year, EBI Solar turned their inventor

$4\mathrm{.}64\mathrm{.}6$

times and had a cost of goods sold of

$$$$2\mathrm{.}12\mathrm{.}1$

million. Assume

$5252$

business weeks per year.

Part $2$

a$.$ Express last$$ year's average inventory in weeks of supply.

Weeks of

supplyequals$=11\mathrm{.}311\mathrm{.}3$

weeks $($Enter your response rounded to two decimal$$ places.$)$

Part $3$

b$.$ After several supply chain improvement$$ initiatives, inventory investment has dropped across all inventory categories. While$$ EBI's cost of goods sold is not expected to change from last$$ year's level, the value of raw materials has dropped to

$ $101$ comma $000$$$101,000$;

$$work$-$in$-$process to

$$$$26$ comma $00026,000$;

and finished goods to

$$$$15$ comma $50015,500.$

Assuming

$5252$

business weeks per$$ year, express$$ EBI's current total inventory level in weeks of supply and inventory turns.

Weeks of

supplyequals$=$enter your response here

weeks $($Enter your response rounded to two decimal$$ places.$)$