In General,it's Better to Have a Low Inventory Turnover Ratio

question 91

True/False

In general,it's better to have a low inventory turnover ratio than a high one,as a low ratio indicates that the firm has an adequate stock of inventory relative to sales and thus will not lose sales as a result of running out of stock.

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Definitions:

Mental States

Refer to the conditions of mind or consciousness of an individual, including thoughts, emotions, beliefs, desires, and perceptions.

Adult-Like Ways

Behaviors, thinking patterns, or methods of problem-solving that resemble or mimic those typically exhibited by adults.

Autism Spectrum Disorder

A range of conditions characterized by challenges with social skills, repetitive behaviors, speech, and nonverbal communication.

Reasoning About

A cognitive process that involves the generation of conclusions from available evidence and premises.