_____ is the time between the receipt of incoming goods and the dispatch of finished, outbound products.
A) Inventory turnover
B) Inventory velocity
C) Inventory speed
D) Inventory time
E) Inventory production

Question

Quizplus · Accepted Answer

Inventory velocity is the time between the receipt of incoming goods and the dispatch of finished, outbound products. Inventory turnover refers to the number of times inventory is sold and replaced in a given period, inventory speed and inventory time are not commonly used terms, and inventory production refers to the amount of goods produced in a given period.

_____ Is the Time Between the Receipt of Incoming Goods