Tigongzhe Company is a Chinese supplier of smartphone camera parts to manufacturing companies in China that assemble
Question:
Tigongzhe Company is a Chinese supplier of smartphone camera parts to manufacturing companies in China that assemble smartphones. Last year it had cost of goods sold of $63.7 million and the following average value of production materials and parts, work-inprocess, and finished goods inventory:
Production materials and parts...................$1,216,000
Work-in-process...............................................6,490,000
Finished goods.................................................4,336,000
Determine the company’s inventory turns and days of supply being held in inventory.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Operations and Supply Chain Management
ISBN: 978-1119444404
9th edition
Authors: Roberta S. Russell, Bernard W. Taylor
Question Posted: