Question: Everdeen, Inc., has a 120-day operating cycle. If its average age of inventory is 35 days, how long is its average collection period? If its


Everdeen, Inc., has a 120-day operating cycle. If its average age of inventory is 35 days, how long is its average collection period? If its average payment period is 35 days, what is its cash conversion cycle? Everdeen's average collection period, ACP, is days. (Round to the nearest whole number.) Mama Leone's Frozen Pizzas uses 37,000 pounds of cheese per year. Each pound costs $5.50. The ordering cost for the cheese is $688.50 per order, and its carrying cost is $1.35 per pound per year. Calculate the firm's economic order quantity (EOQ) for the cheese. Mama Leone's operates 240 days per year and maintains a minimum inventory level of 2 days' worth of cheese. Assuming that the lead time to receive orders of cheese is 3 days, calculate the reorder point. . The EOQ that minimizes the total inventory costs is pounds of cheese. (Round to the nearest whole number.)
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