Which of the Following Was NOT Mentioned in the Textbook

question 11

Multiple Choice

Which of the following was NOT mentioned in the textbook as being one of the more popular logistics management software applications?

• A)​Transportation management systems
• B)​Freight management systems
• C)​Warehouse management systems
• D)​Returns management systems

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Definitions:

Materials Price Variance

The difference between the actual cost of materials used in production and the expected cost based on standard prices.

Direct Materials

Raw materials that are directly traceable to the manufacturing of a product and constitute a significant portion of the production cost.

Fixed Manufacturing Overhead

Costs related to manufacturing that do not change with the level of production, such as rent, salaries, and utilities.

Direct Labor

Labor that is directly involved in the creation or production of goods, distinguishable from indirect labor such as administrative work.