The Formula to Calculate a Week's of Supply Is

question 95

Multiple Choice

The formula to calculate a week's of supply is?

• A) weeks of supply = average weekly usage in dollars/average inventory on hand in dollars
• B) weeks of supply = average weekly usage/12 * average inventory on hand in dollars
• C) weeks of supply = average inventory on hand in dollars/average weekly usage in dollars
• D) weeks of supply = average inventory on hand * average weekly usage in dollars
• E) weeks of supply = average inventory on hand * average annual usage in dollars * 12

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Definitions:

Precising Definition

A definition that seeks to make more precise what was previously vague or fuzzy.

Precise Measurements

The act of determining the exact size, quantity, or degree of something using specific tools and methods.

Flexibility

The quality of being adaptable or variable, especially in the face of change or new circumstances.

Language

The method of human communication, either spoken or written, consisting of the use of words in a structured and conventional way.