At Chaparral Steel,delivery Times,sales,profits,and Customer Service and Loyalty Have Been

question 359

Multiple Choice

At Chaparral Steel,delivery times,sales,profits,and customer service and loyalty have been boosted by a(n) ________ that gives customers electronic access to the mill's inventories.

• A) distribution channel
• B) intranet
• C) handbook
• D) extranet

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Definitions:

Job Order Manufacturing

A production system in which products are manufactured individually or in batches based on specific customer orders.

Process Manufacturing

A production method that involves the transformation of raw materials into finished goods through chemical, biological, or physical processes.

Direct Materials

Raw materials that are directly traceable to the manufacturing of a product and are an integral part of the finished product.

FIFO Method

A method of inventory valuation where the first items purchased are the first ones to be used or sold, standing for "First In, First Out."