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Essay's paper info
| Topic: |
Business
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| Number of pages / Number of words: |
2 / 550 |
Essay's paper body
A business will normally prefer a short turnover period to a long one, as funds tied up in stocks cannot be used for other purposes. When judging the amount of stock to carry, the business must consider things such as the likely demand for the stick, the likelihood of price rises, the perishability of the stock and the amount of storage space available...
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When judging the amount of stock to carry, the business must consider things such as the likely demand for the stick, the likelihood of price rises, the perishability of the stock and the amount of storage space available.
For Keith Alison, the turnover period increased dramatically from 29 days in 2006 to 77 days in 2007...
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