Get Unlimited Contributor Access to the all ExamTopics Exams!
Take advantage of PDF Files for 1000+ Exams along with community discussions and pass IT Certification Exams Easily.
A company's annual cost of goods sold is $350 million, and inventory carrying cost is 18%. The company averages four inventory turns. The cost savings resulting from increasing inventory turns from four to six would be:
This question confuses me because theoretically if you increased inventory turns carrying costs would increase by a fixed amount not a percentage. There would be more handling and administrative costs... 18% per dollar wouldn't make a difference.
A voting comment increases the vote count for the chosen answer by one.
Upvoting a comment with a selected answer will also increase the vote count towards that answer by one.
So if you see a comment that you already agree with, you can upvote it instead of posting a new comment.
Tiva
Highly Voted 5 years, 1 month agoJayleo058
Most Recent 1 month, 4 weeks agoApix1
1 year, 1 month agoJGP1
1 year, 1 month agoSam_San
1 year, 7 months ago