Which of the following metrics represents the frequency of inventory replacement?
A) Back order
B) Inventory cycle time
C) Customer order cycle time
D) Inventory turnover

Name: Which of the following metrics represents the frequency of inventory replacement? A) Back order B) Inventory cycle time C) Customer order cycle time D) Inventory turnover
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Question

Quizplus · Accepted Answer

Inventory turnover measures how often inventory is sold and replaced over a period, indicating the frequency of inventory replacement.

Which of the Following Metrics Represents the Frequency of Inventory