Which of the Following Formulas Gives the Inventory Turnover Ratio

question 157

Multiple Choice

Which of the following formulas gives the inventory turnover ratio?

• A)Net credit sales/Average inventory
• B)Average inventory/Net credit sales
• C)Cost of goods sold/Average inventory
• D)Average inventory/Cost of goods sold

Comprehend the role and advantages of various distribution strategies such as drop-shipping and in-transit merge.

Grasp the concept of customer service dimensions in supply chain management.

Understand the implications of network facility number and location on total transportation and inventory costs.

Comprehend the value distributors add in the supply chain, especially in contexts of product dispersion to small customers.

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