Question: Why is Inventory management so important in a company's performance related to ROI, Return on investment? a. Inventory is a small part of COGS, Cost

Why is Inventory management so important in a company's performance related to ROI, Return on investment? a. Inventory is a small part of COGS, Cost of Goods Sold b. Inventories represent a significant portion of total assets c. Inventories represent management's response to forecasted demand d. Inventory is a major factor in cost of quality e. Inventory is the major source of revenue for Retail and Wholesale businesses QUESTION 30 If a Manufacturing company was carrying 60 days on hand of average inventory, what could you estimate to be their inventory Turns level? a. 12 b. 10 c. 8 d. 6 e. 4

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