INTE Exam Dumps : Supply Management Integration

Inventory turnover analysis is part of assessing financial efficiency. It measures how effectively a company uses its inventory and resources, indicating how well inventory is managed relative to sales, thus reflecting operational efficiency.

To find the density of the shipment, we use the formula:

Density = Weight / Volume.

The volume of the shipment is calculated as (42/12) x (48/12) x (48/12) cubic feet. Thus, Volume = 56 cubic feet.

Density = 500 pounds / 56 cubic feet = 8.9 pounds per cubic foot.

This calculation shows the shipment's density as Option C. Reference: Basic principles of density calculation.

Implementing Supplier-managed inventory (SMI) allows FGH, Inc. to share production and inventory data with Supplier X, streamlining the replenishment process. This approach enables the supplier to manage inventory levels and deliveries based on real-time demand, reducing coordination efforts and improving delivery efficiency.