Days in Inventory Is Calculated by Dividing

question 190

Multiple Choice

Days in inventory is calculated by dividing

• A) the inventory turnover by 365 days.
• B) average inventory by 365 days.
• C) 365 days by the inventory turnover.
• D) 365 days by average inventory.

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Definitions:

Ethical Issues

Considerations or dilemmas rooted in moral principles that arise in the context of professional practice or business operations.

Retail Layouts

The strategic arrangement of products, aisles, and spaces within a store to optimize shopping experience and sales.

Customer Exposure

The extent to which customers are aware of, interact with, or are influenced by a brand or product over various channels and touchpoints.

Takt Time

Takt Time is a manufacturing term that represents the average time interval between the start of production of one unit and the start of the next unit, aligned to meet customer demand.