Use the Figure Below to Answer the Following Questions

question 176

Multiple Choice

Use the figure below to answer the following questions.
Table 3.5.2
Demand and Supply Schedules for Cups of Coffee each day at CoolU

-Refer to Table 3.5.2.If the price is set at $1.30 per cup,there is a ________ leading to a price ________.

• A)shortage;rise
• B)shortage;fall
• C)surplus;rise
• D)surplus;fall
• E)equilibrium;rise

Understand the role and calculation of subcontracting in supply chain management.

Discuss the importance and methods of managing capacity to meet demand.

Analyze case studies to apply theoretical concepts in practical scenarios.

Develop critical thinking skills in supply chain management through problem-solving and decision-making exercises.

---

Definitions:

Pass Or Fail

An assessment system where the outcomes are limited to two possibilities: meeting the required standard (pass) or not meeting it (fail).

Selection Process

The series of steps or procedures used by employers to choose the most suitable candidate for a job, which may include application screening, interviews, tests, and background checks.

Education Qualifications

The formal certifications received upon completing educational courses or programs, often required for certain professions or roles.

Applicant Screening

The process of evaluating job candidates' resumes and applications to determine their suitability for a position before proceeding to more in-depth evaluation steps.