Multiple Choice
Delivery of goods from a supplier is in transit for 14 days. If the annual demand is 2600 units, what is the average annual inventory in transit?
A) 89.7 units
B) 100 units
C) 1.97 units
D) cannot be determined from the data given
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q1: Which of the following would NOT be
Q3: Which of the following statements is best
Q4: Which of the following are reasons for
Q5: Which of the following statements is NOT
Q6: A company carries an average annual inventory
Q7: Items that are purchased or manufactured in
Q8: If there are 20 working days in
Q9: Which of the following costs would NOT
Q10: Which of the following statements is best?<br>A)
Q11: Inventories that are built up in advance