give me solution The Ozzie Chocolate Company is a small candy manufacturer that
ID: 2772882 • Letter: G
Question
give me solutionThe Ozzie Chocolate Company is a small candy manufacturer that specializes in dark chocolate candies. The firm has grown rapidly in recent years and is becoming concerned that its supply chain is less efficient than it should be. In particular, it's concerned about its level of inventory. Below is data from its annual report. Analyze the data and answer the following question.Calculate the weeks of supply on hand for this data. Your answer should have three (3) decimal places in it. Do not type the units of measure into your answer. The system is only looking for a numerical value.
Explanation / Answer
Weeks of supply on hand = no. of weeks in a year/ inventory turnover = 52/1.50896 = 34.461
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.