Question: If the average aggregate inventory value is $1,200,000 and the cost of goods sold is $600,000, which of the following is weeks of supply? a.

 If the average aggregate inventory value is $1,200,000 and the cost

If the average aggregate inventory value is $1,200,000 and the cost of goods sold is $600,000, which of the following is weeks of supply? a. 60.6 b. 2.0 c. 104 d. 606 e. 1,040 If annual demand is 12,000 units, annual holding cost is $15 per unit, and setup cost per order is $25, which of the following is the EOQ lot size? a. 300 b. 2,000 c. 1,000 d. 200 e. 1,200 In setting up a kanban control system you need to determine the number of kanban card sets needed. If the expected demand during lead time is 25 per hour, the safety stock is 20% of the demand during lead time, the container size is 5 , and the lead time to replenish an order is 5 hours, what is the number of kanban card sets needed? a. 5 b. 20 c. 34 d. 30

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