BP Has an Average Age of Inventory of 60 Days

question 131

Multiple Choice

BP has an average age of inventory of 60 days, an average collection period of 45 days, and an average payment period of 30 days.Based on this information, BPs cash conversion cycle is ________ days.

• A)55
• B)65
• C)75
• D)85
• E)none of the above

Recognize the different transportation modes and their roles within the supply chain.

Identify various supply chain strategies and their application in real-life scenarios.

Comprehend the concept and significance of sustainable sourcing and its impact.

Learn about intermodal transportation and its advantages.

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Definitions:

Avoidant

A personality trait characterized by a pervasive pattern of social inhibition, feelings of inadequacy, and hypersensitivity to negative evaluation.

Frustration-aggression Hypothesis

A psychological theory suggesting that frustration often leads to aggressive behavior, as aggression is considered a result of being prevented from achieving a goal.

Displacement

A psychological defense mechanism in which a person redirects a negative emotion from its original source to a less threatening recipient.

Catharsis

The process of releasing, and thereby providing relief from, strong or repressed emotions, often through art, dialogue, or exercise.