Which of the Following Policies Would Increase a Firm's Current

question 22

Multiple Choice

Which of the following policies would increase a firm's current inventory turnover ratio?

• A)Reduction of the average inventory that supports a constant amount of sales
• B)An decrease in the units of inventory sold while holding average inventory constant
• C)Increase of inventory by adopting a Just-in-Time production schedule
• D)Accelerating purchases of inventory to the current year

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Definitions:

Centralized Location

A singular, specific location where operations, processes, or functions are concentrated, often to streamline management and coordination.

As-A-Service

A business model where products, software, or services are provided to customers through the internet, typically on a subscription basis.

Cloud Computing

Supplying a variety of services through the Internet, such as data storage, servers, databases, networking, and software.

Privacy Concern

Apprehensions or issues related to the unauthorized use or access to an individual's personal information.