The ________ is an inventory management technique that minimizes inventory investment by having materials inputs arrive at exactly the time they are needed for production

Which of the following is the correct formula to calculate days' sales in inventory?

A) Days' sales in inventory = 365 days x Inventory turnover B) Days' sales in inventory = 365 days + Inventory turnover C) Days' sales in inventory = 365 days / Inventory turnover D) Days' sales in inventory = 365 days - Inventory turnover

The advertising promise that captures the reason that people buy products is known as:

A) creative strategy. B) the advertising appeal. C) the selling proposition. D) the creative execution. E) the big idea.