Question: Which statement is true for Open-to-buy? The difference between planned sales & purchase commitments (on order). OTB refers to allowable planned purchases for each month

Which statement is true for Open-to-buy? The

Which statement is true for Open-to-buy? The difference between planned sales & purchase commitments (on order). OTB refers to allowable planned purchases for each month based on purchase commitments placed already for that month. After multiple orders have placed, OTB will be always equal the planned purchases All of the above Question 9 2 pts Assume planned sales are $350,000 and planned beginning inventory is $750,000. What is the stock to sales ratio (STS)? 4.0 0.47 2.14 0.25 Question 10 2 pts

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