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

Answer

Noting the number of orders indicated as urgent

Answer

Determining which part of every rand turnover constitutes purchasing costs

Answer

Comparing costs with those of previous periods

Crowdly

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

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