Question
One measurement of supply chain performance is Inventory Turnover (INVT). This measures how many times a company turns its inventory. This is measured by Cost
One measurement of supply chain performance is Inventory Turnover (INVT). This measures how many times a company turns its inventory. This is measured by Cost of Goods Sold / Inventories. If Amazon's Cost of Goods Sold are $54,181,000 and Nordstrom's Cost of Goods Sold are $7,432,000 and Amazon's Inventories are $7,411,000 and Nordstrom's Inventories are $1,360,000 what are their Inventory Turnover (INVT) and which company is doing a better
Question 33 options:
Amazon's INVT = 7.31
Nordstrom's INVT = 5.464
Nordstrom is doing a better job turning over their inventory.
Amazon's INVT = 0.14
Nordstrom's INVT = 0.18
Nordstrom doing a better job turning over their inventory.
Amazon's INVT = 7.31
Nordstrom's INVT = 5.464
Amazon is doing a better job turning over their inventory.
Amazon's INVT = 0.14
Nordstrom's INVT = 0.18
Amazon doing a better job turning over their inventory.
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