QUESTION 25
All else being equal, if inventories increase but profits remain the same, your ROA will _____
Stay the same
Increase
Not enough information to make a determination
Decrease
3 points
QUESTION 26
The lead time gap is why we need _____
Streamlined production, procurement and, delivery
Safety Stock
Better Lead Times
Forecasting
3 points
QUESTION 27
If your store is open 365 days per year and you sold $84 worth of inventory that had an average of $14 on-hand, how many days of supply do you have?
61
17%
18
2
3 points
QUESTION 28
The component of Customer Service that pertains to things such as Item Fill Rate, Percent of
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