Which of the Following Is Not an Advantage of Using

question 67

Multiple Choice

Which of the following is not an advantage of using an Electronic Claims Tracking (ECT) system?

• A) Claims can be tracked online.
• B) All claims are guaranteed to be paid if the forms are filled out correctly.
• C) Far fewer phone calls need to be made to track unpaid claims.
• D) The use of 24-hour rolling claims problem alerts reduces lost time.

Comprehend the impact of trade promotions on cycle inventory.

Identify managerial levers to reduce large lots due to transportation fixed costs.

Recognize appropriate managerial levers to mitigate large lots due to lot size-based discounts.

Distinguish between drivers and non-drivers of lot sizing decisions in the supply chain.

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Definitions:

Cash Cycle

The duration of time it takes for a company to convert its investments in inventory back into cash through sales.

Cash Cycle

The period between the outlay of cash for goods/services and the return of cash through customer payments, reflecting the liquidity and efficiency of a company.

Accounts Payable Period

The average time it takes for a business to pay off its suppliers after receiving inventory or services.