A Weeks of Supply Measure That Is High Relative to Industry

question 38

Multiple Choice

A weeks of supply measure that is high relative to industry standards may indicate:

• A) Too much inventory is being held
• B) Too much cash invested in inventory
• C) Greater chance of a stock-out
• D) a and b
• E) All of the above

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Definitions:

Self-Discipline

The capacity to manage one's emotions and conquer personal shortcomings, along with the determination to follow through on what is believed to be correct, despite being tempted to give up.

Coerced

Being forced to do something or being pressured into it against one's will.

Conscientious

Characterized by a person's desire to do their work or fulfill their duties well and thoroughly.

Achievement

Refers to the successful completion or reaching of a goal, often resulting from effort and skill.