Which of the Following Is NOT a Measure of Good

question 45

Multiple Choice

Which of the following is NOT a measure of good inventory management?

• A)cost of goods sold
• B)backorders and lost sales
• C)inventory turnover
• D)days of inventory in stock

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Definitions:

Semantic Memory

A category of persistent memory that involves the ability to memorize words, ideas, or numbers, indispensable for the mastery and implementation of language.

General Knowledge

Broad, useful information and facts about a wide range of topics rather than detailed knowledge in a specific area.

Long-Term Memory

The phase or type of memory responsible for the storage of information over an extended period, potentially as long as a lifetime.

Curve Of Forgetting

A graph that illustrates the decline of memory retention over time, where information is lost exponentially if no effort is made to retain it.