Here are problems 2 and 3. https://www.chegg.com/homework-help/questions-and-ans
ID: 3591374 • Letter: H
Question
Here are problems 2 and 3.
https://www.chegg.com/homework-help/questions-and-answers/2-following-table-contains-data-inventory-five-items-jones-corporation-complete-missing-it-q24302468
https://www.chegg.com/homework-help/questions-and-answers/3suppose-jones-corporation-problem-determined-annual-inventory-carrying-cost-18-percent-it-q24302482
4. Again, using the data for Jones Company in problems 2 and 3, suppose Jones believes that in the upcoming year, the rate of sales expected for each of the five items is as follows: Item 1 = 4,000 units per day Item 2 2,000 units per day Item 3 15,000 units per day Item 4 = 7,000 units per day Item 5 2,000 units per day Compute the days of supply for each item.Explanation / Answer
Item 1:
3.7L units/year
1013.7 units/days
Required days:= 4000/1013.7=3.94
Item2:
1L units/year
273.97 units/day
Required days=2000/273.97 = 7.3
Item 3:
93K units/year
254.79 units/day
Required days= 15000/254.79 = 58.87 days
Item4:
1.2L units/year
328.77 units/day
Required days=7000/328.77=21.29 days
Item 5:
1.25L units/ year
342.46 units/day
Required days= 2000/342.46=5.84 days
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