Problem 107 Delph Manufacturing Company Going Purchase Auto Parts Component One Two Compet Q29494465

Problem 10.7 Delph Manufacturing Company is going to purchase an auto parts component from one of two competing suppliers. Delph is going to base its decision, in part, on the supply chain performance of the two suppliers. The company has obtained the following data for average raw materials, work-in-process, and finished goods inventory value, as well as cost of goods sold for the suppliers Supplier2 $14,700,000 890,000 500,000 195,000 Supplier 1 Cost of goods sold Raw materials Work-in-process Finished goods $8,220,000 250,000 61,000 34,000 Each company operates 52 weeks per year Determine the number of inventory turns and the days of supply for Delph Manufacturing Company. (Round answers to 1 decimal places, e.g. 52.7 Use 52 weeks for calculation.) Supplier 1 Supplier2 Number of inventory turns Weeks of supply Determine which supplier has the best supply chain performance according to inventory turns and weeks of supply. Inventory turns Weeks of supply Best supply chain performance Show transcribed image text