The speed at which inventory moves through a manufacturing process is known as:
A) supply chain management.
B) working capital management.
C) inventory velocity.
D) warp speed.

Question

Quizplus · Accepted Answer

Inventory velocity measures the speed at which inventory moves through a manufacturing process, from raw materials to finished goods, and is an important metric for tracking and optimizing efficiency. Supply chain management and working capital management are related concepts but do not specifically refer to inventory velocity. Warp speed is a fictional term and not applicable to this context.

The Speed at Which Inventory Moves Through a Manufacturing Process