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Highlight with detail the most important contributions of purchasing, manufacturing and logistics in the making and delivering of a product or service.
a. Purchasing acquires the inputs used to support production and day-to-day business activities.
b. Production converts sourced inputs into a product or service that customers value.
c. Logistics transports and stores goods, assuring that inbound materials are available for operations and that outbound finished products are available when and where the customer wants to buy them.
Fill in the Blank(s) (Blank Identified in RED)
Variances Are Equal
An assumption in certain statistical tests that the variability in groups or conditions being compared is roughly the same.
Group Difference
The observed variance or deviation between two or more groups in a study, measured in terms of the dependent variable.
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