Question: Problem Statement (Inventory Performance Measure) To assess the Inventory Performance, the manager of a manufacturer collects data of the average inventory of all SKUs of

Problem Statement (Inventory Performance Measure)
Problem Statement (Inventory Performance Measure)
Problem Statement (Inventory Performance Measure) To assess the Inventory Performance, the manager of a manufacturer collects data of the average inventory of all SKUs of the firm and their costs per unit and summarizes the data in the following table. Part # Average Inventory Level Cost ($) / Unit 1 12.500 6 Raw materials 2 3,300 3 3 4,800 22 Work-in- progress 4 3,500 37 Finished goods 5 1,500 43 Answer the follow question. Question 24 4 pts The firm's gross sales at cost last year is $3,296,154, and there are 52 weeks in a year. The Weeks of Supply" of this form is (Please report your answer with one decimal place.) Question 19 2 pts Which of the following is least likely a direct consequence of the bullwhip effect in the supply chain? Low product quality High inventory costs Low utilization of capacity High costs for buying raw materials 1.5 pts Question 20 If bullwhip effect is observed in a supply chain consisting of a manufacturer, a wholesaler and a retailer, then the variability in the orders received by the manufacturer is lower than the variability in the orders received by the retailer or by the wholesaler. True O False

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