Which of the Following Might Be Attributed to Efficient Inventory

question 26

Multiple Choice

Which of the following might be attributed to efficient inventory management?

• A) High inventory turnover ratio.
• B) Low incidence of production schedule disruptions.
• C) High total assets turnover.
• D) Statements a and c are correct.
• E) All of the statements above are correct.

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Definitions:

Actions

The things that an individual or group does, often considered in terms of how they demonstrate intentions or achieve objectives.

Planning

The process of making plans for something, including setting goals, defining strategies, and outlining tasks and schedules.

Demographics

Statistical data relating to the population and particular groups within it, often used for marketing or policy-making purposes.

Psychographics

The study and classification of people according to their attitudes, aspirations, and other psychological criteria, especially in market research.