The inventory turnover ratio used in measuring supply chain efficiency is found by the ratio of which of the following?
A. Cost of goods sold/Cost to sell goods
B. Sales costs/Marketing costs
C. Cost of goods sold/Average aggregate inventory value
D. Operations flow costs/Supplier flow costs
E. Fixed costs/Variable costs
Answer: C
You might also like to view...
Which costing method assumes that the cost of the first items acquired should be assigned to the first items sold?
A) Specific identification B) FIFO C) Average-cost D) LIFO
For you as a salesperson to find an optimal prospecting method, the text suggests you do all the following EXCEPT:
A. contact all prospects and current customers when you have a new product. B. customize a prospecting method that suits the needs of your individual firm. C. copy the prospecting methods of successful salespeople. D. concentrate on high-potential customers before low-potential customers. E. always call back on prospects who did not buy.
What is the NFL blackout rule?
What will be an ideal response?
The ________ is the set of all feasible combinations of the decision variables
Fill in the blanks with correct word