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The Person Responsible for Ordering Should Never Be the

question 36

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The person responsible for ordering should never be the


Definitions:

Management Cost

Expenses associated with the administration and operation of a business, including salaries of managers and costs of strategic activities.

Supplier Viability

The ability of a supplier to continue delivering products or services over time, maintaining financial stability and operational capability.

Mission-Critical Products

Goods or services that are essential for the successful operation of a business or organization, without which the entity could not function effectively.

Variability of Lead Time

The fluctuation in the time taken for each stage of a process from start to completion, often causing delays in delivery.

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