Which One of the Following Statements About the Relation Between

question 163

Multiple Choice

Which one of the following statements about the relation between financial and supply chain performance measures is TRUE?

• A) Lower aggregate inventory value means higher current assets.
• B) Longer delivery times require higher levels of working capital.
• C) Higher inventory turns call for higher working capital requirement.
• D) Shorter new product development time decreases revenue.

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Definitions:

Law Of Effect

A psychological principle stating that behaviors followed by positive outcomes are likely to be repeated, while those followed by negative outcomes are less likely to be repeated.

Operant Conditioning

A method of learning where a behavior's intensity is altered through the application of rewards or penalties.

Counterconditioning

A behavioral therapy technique that uses Pavlovian conditioning to replace bad or undesirable behaviors with more desirable ones.

Discrimination

Unfair or prejudiced treatment of different categories of people, especially on the grounds of race, age, or sex.