GSCM 530 DeVry Week 7 Quiz Latest

GSCM 530 DeVry Week 7 Quiz Latest GSCM530 GSCM 530 DeVry Week 7 Quiz Latest GSCM 530 DeVry Week 7 Quiz Latest Question 1.1.(TCO 8) Which of the following is not a role of inventory?(Points : 5) o Increasing quality of finished goods o Balancing supply and demand o Buffering uncertainty in supply or demand o Enabling geographical specialization Question 2.2.(TCO 8) Suppose demand is 45 units a month, average inventory is 60 units, and unit cost is $20. What is the annual inventory turnover?(Points : 5) o 10 o 9 o 0.75 o 15 Question 3.3.(TCO 8) If beginning inventory is $1,000,000, ending inventory is $1,400,000, sales are $10,000,000, and anticipated sales are $50,000 per day, what is the number of days of supply?(Points : 5) o 28 days o 70 days o 60 days o 32 days