All of the Following Are Logistics Components of the Supply

question 53

Multiple Choice

All of the following are logistics components of the supply chain EXCEPT:

• A) trade promotions
• B) production scheduling
• C) inventory control
• D) warehousing and materials-handling
• E) order processing

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Definitions:

Price

The total money needed for acquiring a good, service, or asset.

Short Run

A period during which at least one of a firm's inputs is fixed, limiting its capacity to adjust to changes in demand.

TC

Total Costs, the sum of all costs incurred in the production of goods or services.

TR

Total Revenue; the total receipts from sales of goods or services provided by a company before any deductions are made.