The Best Order Fulfillment Processes Reduce Order Cycle Time as Much

question 58

Multiple Choice

The best order fulfillment processes reduce order cycle time as much as possible.The shorter lead times are beneficial in that they allow firms to carry ______.

• A) reduced inventory levels and minimize investment in newer,untested projects
• B) reduced inventory levels and free up cash that can be used on other projects
• C) increased inventory levels and borrow cash for newer,more promising projects
• D) increased inventory levels and generate greater profits by meeting sudden demands

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Definitions:

Cross-sectional Tests

Research methods or examinations conducted at a specific point in time to analyze data from a population or a representative subset.

Different Times

Moments or periods that are not the same, varying in many possible ways such as duration, significance, or point in history.

Correlation Coefficient

A numerical index that ranges from -1 to 1, reflecting the strength and direction of the relationship between two variables.

Standard Deviation

A gauge of the degree to which a group of numbers varies or is scattered.