(a)[4]
See Appendix 1. Calculate the inventory turnover ratio.
(b)[12]
You may use your results from 4(a) together with any other information. Assess the likely impact on BFB of adopting lean production techniques.
Business 9609 · AS & A Level · Operations strategy
See Appendix 1. Calculate the inventory turnover ratio.
You may use your results from 4(a) together with any other information. Assess the likely impact on BFB of adopting lean production techniques.
This 16-mark question has a full step-by-step worked solution and mark scheme. One marking point: “Correct response with or without units (inventory turnover = cost of sales / value of inventories OR days calculation).” …