How Is "Supply Chain Management" Different Than "Operations Management

question 31

Multiple Choice

How is "supply chain management" different than "operations management"?

• A)They are exactly the same thing
• B)Supply chain management focuses mainly on supplier relationships,while operations management focuses mainly on production
• C)Supply chain management is about relationships and flows,while operations management is about processes
• D)Supply chain management is external,while operations management is internal

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Definitions:

Accumulated Depreciation

The total amount of an asset's cost that has been allocated as depreciation expense since the asset was put into use, representing how much of the asset's value has been used up.

Item's Cost

The purchase price or production cost of an item, including expenses directly attributable to its acquisition or manufacture.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded for a fixed asset over its useful life.

Disposal

The act of selling or getting rid of an asset or a portion of a business.