A retail firm has net annual sales of $6,000,000 . Its average monthly inventory at hand (at retail) was $1,500,000 . Its annual rate of stock turnover is _____

a. 0.25
b. 3.0
c. 3.5
d. 4.0

d

Business

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An accountable team member is

A) enthusiastic B) creative C) entertaining D) responsible

Business

A time-phased planning approach that uses planned orders at the point of demand to determine forecasted demand at the source level is:

A) RFID. B) EDD. C) DRP. D) MRP.

Business