Question: Question 13 (20 points) - Handwritten & PDF Upload Target is a large retail company based in Minneapolis, Minnesota. With some indicators in fiscal year


Question 13 (20 points) - Handwritten & PDF Upload Target is a large retail company based in Minneapolis, Minnesota. With some indicators in fiscal year 2020-2021, we analyze its retail performance. The annual inventory holding cost rate is given in the table. The company carries a winter coat style at the unit cost of $70. To answer the question: (1) copy only Parts 2 and 3 onto your papers; (2) show numeric equations and final results; and (3) follow the units and decimal places specified. Part 1 - Information Target Net sales (thousands of $) 92,400.00 COGS (thousands of $) 66,177.00 Merchandise inventories (thousands of $) 10,653.00 Annual inventory holding cost rate (assumed) 27.00% Part 2 - Overall Retail Performance Target (a)[4] Flow time (years, 5 decimal places) ? Part 2 - Overall Retail Performance Target (a)[4] Flow time (years, 5 decimal places) ? (b)[4] Days of supply (days, 2 decimal places) ? (c)[4] Inventory turns (turns per year, 5 decimal places) ? Part 3 - Item Retail Performance Target Cost of a winter coat ($) 70 (d)[4] Per-unit inventory holding cost rate (%, 2 decimals) ? (e)[4] Inventory holding cost of the item ($, 2 decimals) ? Question 13 (20 points) - Handwritten & PDF Upload Target is a large retail company based in Minneapolis, Minnesota. With some indicators in fiscal year 2020-2021, we analyze its retail performance. The annual inventory holding cost rate is given in the table. The company carries a winter coat style at the unit cost of $70. To answer the question: (1) copy only Parts 2 and 3 onto your papers; (2) show numeric equations and final results; and (3) follow the units and decimal places specified. Part 1 - Information Target Net sales (thousands of $) 92,400.00 COGS (thousands of $) 66,177.00 Merchandise inventories (thousands of $) 10,653.00 Annual inventory holding cost rate (assumed) 27.00% Part 2 - Overall Retail Performance Target (a)[4] Flow time (years, 5 decimal places) ? Part 2 - Overall Retail Performance Target (a)[4] Flow time (years, 5 decimal places) ? (b)[4] Days of supply (days, 2 decimal places) ? (c)[4] Inventory turns (turns per year, 5 decimal places) ? Part 3 - Item Retail Performance Target Cost of a winter coat ($) 70 (d)[4] Per-unit inventory holding cost rate (%, 2 decimals) ? (e)[4] Inventory holding cost of the item ($, 2 decimals)