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    Retail Management Study Set 1
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    Exam 14: Developing Merchandise Plans
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    On Average,a Retailer Keeps 15 Days Worth of Average Sales
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On Average,a Retailer Keeps 15 Days Worth of Average Sales

Question 9

Question 9

True/False

On average,a retailer keeps 15 days worth of average sales in inventory on hand.It takes the supplier 10 days to deliver merchandise;therefore,the retailer has up to 5 days to process and order (or risk being out-of-stock).

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