Question: What is turnover? What do we mean by it and how is the turnover ratio calculated in Inventory Management? Then if you examine the ratio

What is turnover? What do we mean by it and how is the turnover ratio calculated in Inventory Management? Then if you examine the ratio (Numerator vs Denominator) what does it mean if the ratio is small, let us say 25% and what if it was 95%? 8:22 PM

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