Which of the Following Statements About the Demand Chain Are

question 10

Multiple Choice

Which of the following statements about the demand chain are correct?

• A) The demand chain focuses on facilities while the supply chain focuses on markets
• B) The demand chain focuses only on strategic supply chain processes
• C) The demand chain tends to push products based on limited knowledge
• D) The demand chain uses key consumer and market information that is essential to the strategic planning process

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Definitions:

Fixed Cost Elements

Components of a business's fixed expenses, which can include lease payments, insurance premiums, and salaries, and do not change with production levels.

Differential Costs

The difference in total cost between two alternatives, instrumental in decision-making processes.

Fixed Costs

Outlays that stay the same no matter the production or sales figures, encompassing rent, wages, and insurance.

Variable Costs

Costs that vary directly with the level of production or volume of output, such as materials and labor.