On Average,a Retailer Keeps 15 Days Worth of Average Sales

question 9

True/False

On average,a retailer keeps 15 days worth of average sales in inventory on hand.It takes the supplier 10 days to deliver merchandise;therefore,the retailer has up to 5 days to process and order (or risk being out-of-stock).

---

Definitions:

Axis

A line or reference around which something rotates or is symmetrically arranged, often used in geometry and physics to describe orientation.

Hormone

A naturally occurring compound in the body that directs and controls the operation of specific cells or organs.

Endosperm

A material formed within the seeds of the majority of flowering plants after fertilization, providing nutrition to the growing embryo.