Supply Chain Execution Systems Provide All of the Following Functions

question 80

Multiple Choice

Supply chain execution systems provide all of the following functions except:

• A)generating demand forecasts for products.
• B)tracking the flow of finished goods.
• C)managing materials.
• D)managing warehouse operations.
• E)managing the financial information involving all parties.

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Definitions:

Operating Expenses

Expenses incurred during the ordinary course of business operations, including costs related to sales, administration, and general activities.

Net Income

The remaining revenue after all costs, expenses, and taxes have been subtracted from a company's total revenue; essentially, a company's profit.

Periodic Inventory

An inventory system in which the inventory count is conducted at specific periods, determining the cost of goods sold by beginning inventory plus purchases minus ending inventory.

Merchandise Inventory

Goods a company intends to sell to customers that are stored as inventory.