Question and answer
____ is the number of times per year that a company sells or replaces its average inventory.
Inventory turnover is the number of times per year that a company sells or replaces its average inventory.
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Expert answered|matahari|Points 12998|
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Asked 11/18/2015 11:29:21 PM
Updated 11/19/2015 4:59:47 AM
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Questions asked by the same visitor
A company decided to reduce its inventory by lowering their prices. The plan to get rid of excessive inventory was so successful that the company found itself completely sold out in just a couple of days. In other words, The company experienced ____.
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Updated 11/19/2015 3:19:58 AM
1 Answer/Comment
A company decided to reduce its inventory by lowering their prices. The plan to get rid of excessive inventory was so successful that the company found itself completely sold out in just a couple of days. In other words, The company experienced a stockout.
Added 11/19/2015 3:19:58 AM
This answer has been confirmed as correct and helpful.
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