An analyst observes that a company's inventory turnover ratio has rapidly increased from the previous year. Which of the following reasons least likely supports its increase ?

• A.

  A fire in one of the company's warehouses destroyed a significant portion of finished goods inventory.

• B.

  The company has adopted a just-in-time inventory management system with the objective of maintaining a leaner inventory structure (e.g. low level inventory structure).

• C.

  The units held in inventory were manufactured using technology wich is now obsolete