Inversion specialists, inc., is relatively new in the industry and has calculated its inventory turnover at 5. what action would result in decreased inventory turns for inversion specialists, inc.?
Answer:
The action would result in decreased inventory turns for inversion specialists, inc. in Increase the average aggregate inventory value.
“average aggregate inventory value” is a time period used to explain all the stock held in inventory, which incorporates uncooked materials, work in manner and finished items, all valued at price. stock turnover is an indicator of the rules and practices of an agency.
average aggregate inventory value management is performed thru stock policy setting and master scheduling and by using classifying stock, the use of a gadget along with ABC inventory classification. the other alternatives are object stock management structures.
Why average aggregate inventory value is important?
average aggregate inventory value plans is vital because it enables an agency optimize its expenses and manufacturing to be able to satisfy its lengthy-time period goals. some of the particular methods it is able to assist encompass: it may assist the company use its manufacturing capabilities with maximum efficiency.
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