Mavis is the marketing manager for Mars Plastics. She is serving on a cross-functional purchasing team for the company’s toy division. The team includes members from the finance department, the purchasing and supply department and Mars Plastic’s main toy supplier, Kidz R Us. Mankhubu, the purchasing and supply manager, also serves on Mavis’s cross-functional team and is responsible for the assessment of the purchasing and supply activities of the team. Which control point should Mankhubu use when looking at the effectiveness of inventory-holding?

Question

Answer

Calculating inventory turnover

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Noting the number of orders indicated as urgent

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Determining which part of every rand turnover constitutes purchasing costs

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Comparing costs with those of previous periods

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Mavis is the marketing manager for Mars Plastics. She is serving on a cross-func...

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