Consider the following annual information about three companies in the same manufacturing industry:

Required:
(a) Compute the following for each company:
(1) Sales per employee
(2) Inventory turnover
(3) Inventory as a percentage of sales
(b) Evaluate the relative performance of the three companies.
(c) Connolly is considering the implementation of a just-in-time (JIT) inventory system. What are the six factors necessary to successful implementation?

Question

Consider the following annual information about three companies in the same manufacturing industry:
 
Required:
(a) Compute the following for each company:
(1) Sales per employee
(2) Inventory turnover
(3) Inventory as a percentage of sales
(b) Evaluate the relative performance of the three companies.
(c) Connolly is considering the implementation of a just-in-time (JIT) inventory system. What are the six factors necessary to successful implementation?

Quizplus · Accepted Answer

The Answer of Consider the following annual information about three companies in the same manufacturing industry:
 
Required:
(a) Compute the following for each company:
(1) Sales per employee
(2) Inventory turnover
(3) Inventory as a percentage of sales
(b) Evaluate the relative performance of the three companies.
(c) Connolly is considering the implementation of a just-in-time (JIT) inventory system. What are the six factors necessary to successful implementation?

Consider the Following Annual Information About Three Companies in the Same