Which of the Following Is the Correct Formula for Calculating

question 47

Multiple Choice

Which of the following is the correct formula for calculating raw materials inventory turnover for a manufacturer?

• A)Raw materials purchased/Average raw materials inventory.
• B)Average raw materials inventory/Raw materials used.
• C)Raw materials used/Average raw materials inventory.
• D)Ending raw materials/Raw materials used × 365.
• E)Raw materials used/Beginning raw materials inventory × 365.

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Definitions:

Quasi-experiment

A type of experimental design that does not include random assignment of participants to conditions, often used in situations where controlled experiments are not feasible.

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Quantitative measurements that dictate the amount of a substance (like medication) to be taken at one time.

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A social construct that encompasses a range of identities, expressions, and roles associated with male, female, and non-binary categories, beyond biological sex.

Connectionist

Pertaining to a type of neural network model that aims to explain human cognitive processes through the interconnectedness of simple, neuron-like units.