Question: Usually, the less days-of-supply a firm has, the _________ inventory they have on hand. More inventory turns usually indicates ________ inventory. more, more Less, More

  1. Usually, the less days-of-supply a firm has, the _________ inventory they have on hand. More inventory turns usually indicates ________ inventory.

    more, more

    Less, More

    More, Less

    less, less

    None of the above

    Firm 1 provides sugar cane stalks to Firm 2 who processes this into sugar. Firm 2 sells its sugar to Firm 3, who makes ice cream cake for sale at Firm 4. Firm 1 is a likely a ________ in the supply chain of ice cream cake...yum.

    Tier 1 Supplier

    Retailer

    Tier 2 Supplier

    WIP Provider

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