Multiple Choice
Suppose demand is 25 units a month and average inventory is 30 units and unit cost is $10.What is the annual inventory turnover?
A) 100
B) 10
C) .83333
D) 83.333
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q1: Which of the following IS NOT an
Q2: The EOQ is? (Round up to the
Q3: Alpha Company places 10 orders per year
Q5: Suppose management decides it wants to offer
Q6: Jones Company has calculated that the EOQ
Q7: What is the annual ordering cost (based
Q8: If average lead time went up from
Q9: When calculating a Reorder Point (ROP),which of
Q10: Which of the following is included in
Q11: How many units should RFC order each