Dividing the Inventory on Hand by the Average Daily Usage

question 66

Multiple Choice

Dividing the inventory on hand by the average daily usage or sales is the calculation for

• A)inventory supply.
• B)days of supply.
• C)stockout.
• D)days of stock.
• E)inventory turns.

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Definitions:

Personality Inventory

A questionnaire or assessment tool used to evaluate personality traits and characteristics.

Social Desirability Bias

The tendency of survey respondents to answer questions in a manner that will be viewed favorably by others, often leading to overreporting of "good" behavior or underreporting of "bad" behavior.

Reaction Formation

A defense mechanism where an individual acts in a manner opposite to their actual feelings or desires, often due to guilt or societal pressures.

Extraverts

Individuals characterized by their outgoing, socially confident, and energized behavior, often drawing energy from being around other people.