Which measures the number of times the inventory for a product is completely replenished in a given period?
A) Stockturn rate
B) Stockout rate
C) Stockout days
D) Stock metric

Question

Quizplus · Accepted Answer

Stockturn rate, also known as inventory turnover, measures how many times a company's inventory is sold and replaced over a certain period. This metric is crucial for understanding the efficiency of inventory management and optimizing stock levels.

Which Measures the Number of Times the Inventory for a Product