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DEVRY GSCM 530 WEEK 7 QUIZ LATEST
Question 1.1.(TCO 8) Which of the following is not a role of inventory?(Points : 5)
Increasing quality of finished goods
Balancing supply and demand
Buffering uncertainty in supply or demand
Enabling geographical specialization

Question 2.2.(TCO 8) Suppose demand is 45 units a month, average inventory is 60 units, and unit cost is $20. What is the annual inventory turnover?(Points : 5)
10
9
0.75
15