Mattress wholesalers, inc. is constantly trying to reduce inventory in its supply chain. last year, cost of goods sold was $7.547.54 million and inventory was $1.481.48 million. this year, costs of goods sold is $8.618.61 million and inventory investment is $1.581.58 million. a) what was its weeks of supply last year? nothing weeks (round your response to two decimal places).

The weeks of supply last year is $10.20

Explanation:

(A) For computing the weeks of supply last year, first, we have to compute the weekly supply of cost of good sold which is shown below:

Weekly supply of cost of good sold = (Cost of good sold) ÷ (total number of weeks in a year)

= $7.547.54 million ÷ 52 weeks

= $145.145 million

Now the weeks of supply last year is calculated by

= (Inventory) ÷ (weekly cost of good sold)

= ($1.481.48 million) ÷ ($145.145 million)

= $10.20

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

your welcome leave a rate and a < 3

answer: true

step-by-step explanation: