Inventory Days' Supply (IDS)is Calculated as Average Total Inventory

question 27

Multiple Choice

Inventory days' supply (IDS) is calculated as Average total inventory / _____.

• A) Transportation cost
• B) Average sold inventory
• C) Total annual sales of goods
• D) Cost of goods sold per day

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Definitions:

Situation Analysis

A systematic collection and evaluation of past and present economical, political, social, and technological data, aimed at identifying internal and external forces that may influence the organization's performance.

Strategic Management Planning

The process of defining an organization's strategy, making decisions on allocating resources to pursue this strategy, and ensuring the alignment of company goals with strategic direction.

Environmental Scanning

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Strategic Marketing Process

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