Question

In which industry is a company more likely to place a high value to inventory turnover as one of its key performance indicators?

1) Dairy product makers
2) Semiconductor manufacturers
3) Airplane manufacturers
4) Appliance manufacturers

Answer 1

A semiconductor manufacturer is more likely to place a high value on inventory turnover as one of its key performance indicators.

Step-by-step explanation:

Among the given options, a semiconductor manufacturer is more likely to place a high value on inventory turnover as one of its key performance indicators. Semiconductor manufacturing is a fast-paced and rapidly evolving industry, where inventory turnover is crucial to ensure efficient production and meet market demand. The high value placed on inventory turnover in this industry is due to the perishable nature of semiconductor components and the need to avoid obsolescence.