Barington Mills manufactures denim cloth from two primary raw materials, cotton and dye. Work-in-processincludes lapped cotton, spun
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Barington Mills manufactures denim cloth from two primary raw materials, cotton and dye. Work-in-processincludes lapped cotton, spun yarn, and undyed cloth, while finished goods includes three grades of dyed cloth. The average inventory amounts on hand at any one time last year and the unit costs are as follows.
The company operates 50 weeks per year, and its cost of goods sold for the past year was $17.5 million. Determine the company’s inventory turns and weeks ofsupply.
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Related Book For
Operations Management Creating Value Along the Supply Chain
ISBN: 978-0470525906
7th Edition
Authors: Roberta S. Russell, Bernard W. Taylor
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