products as possible. The Inventory turnover rate steadily declines from 1984-87‚ which could indicate‚ lost sales. Misstatements of inventory or cost of goods sold could be possible. It also indicates employee strikes or‚ in Crazy Eddies’ case‚ employees leaving their jobs. In 1986 the A/R turnover rate was extremely high which is unusual because in that year the consumer electronics industry boom days had ended. Competition in the New York area was high. Inventory turnover rates had been decreasing
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answer the following questions What was Topps’ inventory turnover ratio and average days to sell inventory for 2006 and 2005? According to our text (Appendix B)‚ inventory ratio is the amount of goods sold divided by the average inventory (Edmonds 184). In 2005‚ the net sales were $198‚054 and in 2006‚ the total was $189‚200. As for the inventory for 2005 the total amount was $36‚781 and $32‚936.By dividing $198‚054/$36‚781 it gives the inventory ratio of 5.74 for the year 2005. For 2006‚ dividing
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SWOT Analysis is used to examine the core of business through internal strengths and weaknesses‚ and external opportunities and threats. Strength For strengths‚ Wal-mart holds good position in the market‚ having financial strength‚ and low inventory turnover ratio. For market position‚ Wal-mart U.S operates on 2 major industries‚ such as warehouse clubs and department stores. Figure 1.2 presents that the warehouse segment has HHI of 5‚000‚ indicating high concentration of the market and that imposes
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************************* MIDTERM I ***************************** 1. Operations Management is attracting increasing attention due to the recent trends in the industrial world. Which of the following statements correctly represents this recent change? a. The percentage of the world’s output produced by the U.S. has been steadily increasing since 1960. b. Compared to the other industrial countries such as Italy and France‚ the U.S. has a higher rate of productivity growth since 1960
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might have an impact on the recommendation‚ note these here. Rocky’s accountant has pointed out his declining inventory turnover rate and the resultant growing levels of inventory‚ and how this is causing increases in his short-term debt and interest expenses. She suggested a couple of years ago that Rocky introduce more sophisticated purchasing techniques and a computerized inventory control system. However‚ Rocky has done nothing done yet in these areas -- he likes sports and selling more than
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Date and time received ___________________ GMGT4010 – ADMINISTRATIVE POLICY TEAM NUMBER 5 Word Count: Alok Dua Section A01 HAND-IN TEAM ASSIGNMENT Summer 2013 Key issues The obvious issue the Westover inn facing is that the inn’s business is highly seasonal. The revenue is mainly depend on the Stratford Festival and the lack of alternative attractions
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(a) Inventory build-up diagram: First‚ recognize that the input and output rates changes at 8:30am‚ 9am‚ 9:30am and 10:30am (as well as at the end when all customers are served). • At the beginning (8:30am): There is no customer in the system. So the “inventory” is 0. • Between 8:30am and 9am: Customers arrive at the rate of 30/hr. Customers leave at the rate of 0/hr. Thus the line becomes longer at the rate of 30/hr. Draw a line with the slope of 30/hr in this interval. (Since the inventory was
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turbines or extend the turbine’s capacity) 5. Better allocating the number of maintenance groups on sites 6. Save the opportunity time cost for maintenance groups moving between sites 7. Improve the inventory turnover ratio by having better prediction on future market 8. Improve the repair inventory management by having better prediction on potential product failure. 2. Establish for yourself a picture of a wind farm operator before and after the decision to exploit the use of predictive analytics
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The Clarkson Lumber Company Case Analysis June 30‚ 2011 beardsrus Leave a comment Go to comments (Note: In retrospect we think that perhaps Clarkson should reduce its expenses and debt first before leveraging itself further. Exhibits not included here) Written April 19‚ 2010 Finance 434 Overview Clarkson Lumber Company is a classic example of a privately held company that has experienced a rapid growth in sales and has reached a point where it is facing a shortage of cash to
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Cycle time: Bottleneck| Cycle time = 1/Capacity rate | | Inventory = Throughput Rate x Flow Time | Little’s Law: I = R x T | Inventory Turns (IT) = 1 / Flow time (T) = R / I | BCWS = Budgeted Cost of Work Scheduled BCWC = Budgeted Cost of Work Complete |ACWC = Actual Cost of Work Complete | Cost Variance CV = BCWC – ACWC | Schedule variance SV = BCWC – BCWS | Utilization=Demand /CAPACITY| Inventory Buildup rate IBR|No IBR if no stations limits Throughput rate| Capacity rate = 1 / Cycle
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