SCM303 Exam Details - 50,000 3. 91,000 4. 185,000 5. 55,000...

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SCM303 Exam Exam covers Chapters 1,2,3,5,7 and lecture material. The supplements to chapters 3 and 5 are not included. There are questions from lecture that are not answered in the reading. There are questions from the reading that were not discussed in lecture . There are 40 questions in multiple choice format. There are 15 quantitative questions . The number of questions per chapter is roughly divided according to the amount of time spent. Bring calc and pencil . Make sure and do problems 1-4 at the end of chapter 7 Chapter 7 problem 1 Turnover= 7,000,000/1,000,000=7 times Carrying cost= 1,000,000 x .15 =150,000 Problem 2 Average Unit Inventory 1. 135,000 2.
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Unformatted text preview: 50,000 3. 91,000 4. 185,000 5. 55,000 Inventory Turnover 1. 2.96 2. 1.6 3. 2.09 4. 1.89 5. 3 Problem 3 Item 1 = 25.00 x 135,000 x .18 = 607,500 Item 2 = 60.00 x 50,000 x .18 = 540,000 Item 3 = 5.00 x 91,000 x .18 = 81,900 Item 4 = 10.00 x 183,000 x .18 = 333,000 Item 5 = 1.00 x 55,000 x .18 =9,900 Total 1,574,300 Annual inventory carrying cost Problem 4 Compute days of supply for each item by using ending inventory. End inv. Item 1 = 120,000 Days of supply =30 End inv. Item 2 =60,000 days of supply = 30 End inv. Item 3 = 97,000 days of supply = 6.47 End inv. Item 4 = 170,000 days of supply = 24.29 End inv. Tem 5 = 60,000 days of supply = 30...
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