U.S. Airfilter has hired you as a supply chain consultant. The company makes air filters for...

 

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U.S. Airfilter has hired you as a supply chain consultant. The company makes air filters for residential heating and air-conditioning systems. These filters are made in a single plant located in Louisville, Kentucky, in the United States. They are distributed to retailers through wholesale centers in 100 locations in the United States, Canada, and Europe. You have collected the following data relating to the value of inventory in the U.S. Airfilter supply chain: Sales (total quarter): United states Canada Europe Cost of goods sold (total quarter) Raw materials at the Louisville plant (end-of-quarter) Work-in-process and finished goods at the Louisville plant (end-of-quarter) Distribution center inventory (end-of-quarter): United states Canada Europe QUARTER 1 (JANUARY THROUGH MARCH) Average inventory turnover 370 105 78 321 52 194 QUARTER 3 (JULY JUNE) THROUGH SEPTEMBER) All amounts in millions of U.S. dollars. 60 11 8 QUARTER 2 (APRIL THROUGH 498 72 38 354 69 133 44 18 un a 5 408 169 50 369 56 142 30 19 9 a. What is the average inventory turnover for the firm? (Round your answer to 3 decimal places.) QUARTER 4 (OCTOBER THROUGH DECEMBER) 506 148 19 398 67 321 34 26 6 (end-of-quarter): United states Canada Europe 60 11 8 44 18 485 Weeks of supply 30 19 9 a. What is the average inventory turnover for the firm? (Round your answer to 3 decimal places.) Average inventory turnover b. If you were given the assignment to increase inventory turnover, what would you focus on? Reduce the amount of inventory or reduce sales or both Reduce the amount of inventory or increase sales or both O Increase the amount of inventory or increase sales or both 34 26 6 He c. The company reported that it used $442.3M worth of raw material during the year. On average, how many weeks of supply of raw material are on-hand at the factory? (Round your answer to 2 decimal places.) U.S. Airfilter has hired you as a supply chain consultant. The company makes air filters for residential heating and air-conditioning systems. These filters are made in a single plant located in Louisville, Kentucky, in the United States. They are distributed to retailers through wholesale centers in 100 locations in the United States, Canada, and Europe. You have collected the following data relating to the value of inventory in the U.S. Airfilter supply chain: Sales (total quarter): United states Canada Europe Cost of goods sold (total quarter) Raw materials at the Louisville plant (end-of-quarter) Work-in-process and finished goods at the Louisville plant (end-of-quarter) Distribution center inventory (end-of-quarter): United states Canada Europe QUARTER 1 (JANUARY THROUGH MARCH) Average inventory turnover 370 105 78 321 52 194 QUARTER 3 (JULY JUNE) THROUGH SEPTEMBER) All amounts in millions of U.S. dollars. 60 11 8 QUARTER 2 (APRIL THROUGH 498 72 38 354 69 133 44 18 un a 5 408 169 50 369 56 142 30 19 9 a. What is the average inventory turnover for the firm? (Round your answer to 3 decimal places.) QUARTER 4 (OCTOBER THROUGH DECEMBER) 506 148 19 398 67 321 34 26 6 (end-of-quarter): United states Canada Europe 60 11 8 44 18 485 Weeks of supply 30 19 9 a. What is the average inventory turnover for the firm? (Round your answer to 3 decimal places.) Average inventory turnover b. If you were given the assignment to increase inventory turnover, what would you focus on? Reduce the amount of inventory or reduce sales or both Reduce the amount of inventory or increase sales or both O Increase the amount of inventory or increase sales or both 34 26 6 He c. The company reported that it used $442.3M worth of raw material during the year. On average, how many weeks of supply of raw material are on-hand at the factory? (Round your answer to 2 decimal places.)