A High Stockturn Rate

question 144

Multiple Choice

A high stockturn rate:

• A) is only possible with a low markup percent.
• B) is likely to result in low profits.
• C) reduces the inventory investment and can improve profits.
• D) increases the space needed for inventory.
• E) None of the above is true.

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Definitions:

Composite Score

A metric that combines multiple individual scores or indicators into a single overall measure.

Composite Score

An aggregated score made up of multiple individual scores or metrics to provide a comprehensive evaluation.

Holding Cost Rate

The percentage of the inventory value charged as holding cost over a specific period of time.

Economical

Concerned with optimizing resource use and cost savings without sacrificing quality or performance.