What Is Inventory Turnover

question 283

Multiple Choice

What is inventory turnover?

• A)an unfilled customer order for a product that is out of stock
• B)the time it takes to manufacture a product and deliver it to the retailer
• C)the agreed upon time between the purchase of a product and the delivery of the product
• D)the frequency of inventory replacement

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Definitions:

Hawthorne Studies

A series of experiments conducted in the 1920s and 1930s that concluded social and psychological factors affect productivity and work conditions.