Total value of inventory rotationin our company we buy raw, Ask an Expert

Management Studies

Total Value of Inventory Rotation

In our company we buy raw materials for a weekly value of 25k and we typically keep them in inventory for 6 weeks before they go into production.

The production takes 10 weeks and we increase the value with 65k. The final products stay in inventory for 6 weeks before being sold.

1. Draw this situation graph with in the x-axis the time and y-axis cost

2. Calculate the total value of inventory and the yearly production at cost price

3. Determine the rotation and the number of days before the inventory is renewed

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92599809

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