On a macro-economic basis, the ratio of inventory to sales has declined over the last 20 years.

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On a macro-economic basis, the ratio of inventory to sales has declined over the last 20 years. Is this good or bad? Why? What factors have contributed to this trend? Is this trend likely to continue in the future? Why or why not?

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Supply Chain Management A Logistics Perspective

ISBN: 978-0538479196

9th edition

Authors: John coyle, John Langley, Robert Novack, Brain Gibson

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Question Posted: Aug 22, 2015 03:28 AM

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On a macro-economic basis, the ratio of inventory to sales has declined over the last 20 years.

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The overall absolute cost of logistics on a macro basis will increase with growth in the economy In other words if we produce and consume more goods a...View the full answer

Supply Chain Management A Logistics Perspective

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