Leather is a natural product and is sold typically as full or half hides. The average hide covers 50 square feet; however, hides can range from 35-to-75 square feet. On average the Kysons pay $125 for the hides, including materials overhead and labor. The inbound freight cost is $8.00; labor to receive each hide and maintain it in inventory cost $5, plus $1 per month. Storage space cost $0.05lsg ft. per month. The Kysons have decent credit and are able to borrow at and APR of 6%. The Kyson's figure that insurance per hide runs about $0.25 per hide; taxes run about $2 per $100 value with a 30% tax rate; loss and damage runs about 4% per year; obsolescence runs 2% per year. 2/1co K 125 While Mike and Kelly decide on the colors and quantity of hides, the actual ordering is Janet's responsibility. Janet is their office manager. Janet earns around $700 per week (including salary and fringes) and spends half of her time processing orders and processes an average 4 orders per week. After operating their website for two months the ns hired you as a consultant to streamline their ordering and inventory process. Over the most recent 4 week period, the Leather Hide Store had the following daily demand for hides: divide by Week-1 Week-2 Week-3 Week-4. Add 20 32 ntyw 32 Monday 18 25 33 33 27 Tuesday Wednesday 31 ttei 21 26 28 H 30 29 Thursday 29 34 standad durduon Friday 24 30 over the same 4 week period, they had 16 orders with the following order cycle times: 5,3, 2,7,3, 3, 4, 3, 7, 6, 5, 4, 3, 3, 3, 2, and 5 days. fter running the website for a year, the Kysons were very pleased with your earlier analysis. Now the ant you to analyze their inventory requirements. The first phase consists of an ABC analysis of their Leather is a natural product and is sold typically as full or half hides. The average hide covers 50 square feet; however, hides can range from 35-to-75 square feet. On average the Kysons pay $125 for the hides, including materials overhead and labor. The inbound freight cost is $8.00; labor to receive each hide and maintain it in inventory cost $5, plus $1 per month. Storage space cost $0.05lsg ft. per month. The Kysons have decent credit and are able to borrow at and APR of 6%. The Kyson's figure that insurance per hide runs about $0.25 per hide; taxes run about $2 per $100 value with a 30% tax rate; loss and damage runs about 4% per year; obsolescence runs 2% per year. 2/1co K 125 While Mike and Kelly decide on the colors and quantity of hides, the actual ordering is Janet's responsibility. Janet is their office manager. Janet earns around $700 per week (including salary and fringes) and spends half of her time processing orders and processes an average 4 orders per week. After operating their website for two months the ns hired you as a consultant to streamline their ordering and inventory process. Over the most recent 4 week period, the Leather Hide Store had the following daily demand for hides: divide by Week-1 Week-2 Week-3 Week-4. Add 20 32 ntyw 32 Monday 18 25 33 33 27 Tuesday Wednesday 31 ttei 21 26 28 H 30 29 Thursday 29 34 standad durduon Friday 24 30 over the same 4 week period, they had 16 orders with the following order cycle times: 5,3, 2,7,3, 3, 4, 3, 7, 6, 5, 4, 3, 3, 3, 2, and 5 days. fter running the website for a year, the Kysons were very pleased with your earlier analysis. Now the ant you to analyze their inventory requirements. The first phase consists of an ABC analysis of their