Gabby Is Responsible for Determining the Quantities of Specialty Items

question 16

Multiple Choice

Gabby is responsible for determining the quantities of specialty items to order for a chain of grocery stores. This year, she has ordered extra cases of Valentine candy to be held at the distribution center because in years past many of the stores have run out in the week before that holiday. This is an example of which aspect of distribution operations?

• A) Supporting production requirements
• B) Fulfilling omni-channel demand
• C) Protecting against uncertainty
• D) Balancing supply and demand

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Definitions:

Lockbox System

A service provided by banks to companies for the receipt of payment from customers, involving collecting and processing checks received at a special post office box.

Electronic Transfer

The digital exchange of money between accounts, which can occur within the same financial institution or across different institutions.

Marketable Securities

Financial instruments and assets that can be easily sold or converted into cash, often used for short-term investments or liquidity purposes.

Operating Assets

Operating assets are the assets that a business uses to generate revenue as part of its core operations, excluding investments and cash reserves.