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Response time is affected by
Days' Sales in Inventory
An economic indicator that calculates the mean duration in days a business requires to sell off its stock.
Specific Identification Method
An inventory valuation method that tracks the cost of each individual item in inventory.
Consignor
The person or entity that owns goods on consignment and sends them to the consignee for sale or display.
Days' Sales in Inventory
A financial metric that measures the average number of days it takes for a company to sell its entire inventory during a given period.
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