Effective Use of Inventories Would Be Implied from Which of the Following

question 155

Multiple Choice

Effective use of inventories would be implied from which of the following?
I.High number of back orders
II.Low inventory turnover
III.High numbers of days of inventory

• A) I and II
• B) I and III
• C) II and III
• D) I, II, and III
• E) None of the choices.

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Definitions:

Directing

The process of guiding and overseeing the activities of an organization or team to achieve its objectives.

Unrealistic Budget

A budget plan that is not achievable or practical given the current constraints and resources.

Top Down Fashion

An approach or process that begins from the highest level of a hierarchy or system moving towards the lower levels.

Long-Range Planning

The process of setting long-term goals and strategies, often extending five or more years into the future.