When Using _____,The Seller Pays All or Part of the Actual

question 46

Multiple Choice

When using _____,the seller pays all or part of the actual shipment charges and does not pass them on to the buyer.

• A) FOB origin pricing
• B) freight absorption pricing
• C) uniform delivered pricing
• D) basing-point pricing

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Definitions:

Total Production Streamlining

The comprehensive optimization of all aspects of the manufacturing process to enhance efficiency, reduce waste, and increase productivity.

Total Process Simplification

The systematic reduction of complexity in business processes with the aim of improving efficiency, effectiveness, and flexibility.

Level Schedules

Scheduling products so that each day’s production meets the demand for that day.

Small Batches

The production strategy involving the manufacture of small quantities of items to reduce costs and increase efficiency in response to specific demands.