Question: Answer the question Why is it desirable to increase a companys inventory turnover ratio?. And the second part of the question, how do you justify
Answer the question "Why is it desirable to increase a companys inventory turnover ratio?". And the second part of the question, how do you justify going to lower cost regions and buying in bulk, and therefore possibly decreasing your turnover ratio? Can you think of any way to increase turnover ratio while at the same time doing bulk buying? Reference Chapter 16 and limit your answer to 200 words. Submit your work here.
The best way to answer this question is to answer what is meant by inventory turnover, and then explain why you want to increase it. A little research on the internet should be able to answer the question, let me know if you have any questions or need help searching.
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