Knowing the inventory turn rate allows the retailer to
A) calculate the business return on investment.
B) calculate the assortment consistency for a particular retail outlet.
C) match inventory supply with demand.
D) know when to rotate stock to ensure it sells before the expiration date.
E) make sound investments on the stock market.

Question

Quizplus · Accepted Answer

Knowing the inventory turn rate helps a retailer understand how often inventory is sold and replaced over a period, which is crucial for matching inventory supply with demand.

Knowing the Inventory Turn Rate Allows the Retailer to