Modern Supply Chains Simultaneously Pursue the Goals of High-Quality,fast Response,and

question 49

Multiple Choice

Modern supply chains simultaneously pursue the goals of high-quality,fast response,and low cost because customers nowadays want both high levels of quality and responsiveness.A key manufacturing philosophy that emphasizes waste elimination and minimizing inventories to expose problems is:

• A) Just-in-time
• B) Quick Response
• C) Efficient Consumer Response
• D) Total Quality Management

Identify defensive behaviors and their implications in interpersonal communication.

Comprehend the significance of self-awareness in emotional intelligence.

Distinguish between different mental processes such as the rational and emotional mind.

Grasp the concept of transactional analysis and the dynamics of scripts in shaping behavior.

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Definitions:

Acid-Test Ratio

A stringent indicator that measures a company's ability to cover its short-term liabilities with its most liquid assets, excluding inventory.

Current Ratio

A liquidity ratio that measures a company's ability to cover its short-term obligations with its current assets.

Gross Margin Percentage

A financial metric that measures the difference between revenue and the cost of goods sold, divided by revenue, expressed as a percentage; it shows the proportion of money available to cover other expenses and profit.

Return On Total Assets

A financial ratio that measures the profitability of a company relative to its total assets, indicating how effectively a company is using its assets to generate earnings.