A Six Sigma Greenbelt Is Calculating Key Lean Measures for Inventory

Multiple Choice

A Six Sigma Greenbelt is calculating key lean measures for inventory turns. Which inventory turn measure is calculated by adding beginning inventory and inventory purchases then subtracting the ending inventory?

A) Cost of Goods Sold.
B) Inventory Turnover Ratio.
C) Average Inventory.
D) Calculation of Inventory Turnover Ratio.