Inventory turns is an appropriate performance measure for which of the following functions?
A) Material control
B) Activity-based costing control
C) Total quality management
D) Flexible manufacturing

Question

Quizplus · Accepted Answer

Inventory turns is a performance measure commonly used in material control to evaluate the efficiency of inventory management. It indicates how many times inventory is sold and replaced in a given period. A high inventory turnover ratio indicates effective inventory management and can lead to reduced carrying costs and increased cash flow.

Inventory Turns Is an Appropriate Performance Measure for Which of the Following