The Push/pull View of a Supply Chain Holds That

question 78

Multiple Choice

The push/pull view of a supply chain holds that

• A)the processes in a supply chain are divided into a series of activities performed at the interface between successive stages.
• B)all processes in a supply chain are initiated in response to a customer order.
• C)all responses in a supply chain are performed in anticipation of customer orders.
• D)the processes in a supply chain are divided into 2 categories depending on whether they are initiated in response to or in anticipation of customer orders.

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Definitions:

Net Pay

The amount of money that an employee actually receives after all deductions, such as taxes and retirement contributions, have been subtracted from their gross pay.

Gross Pay

The total amount of salary or wages earned by an employee before any deductions are made for taxes and other withholdings.

Take-Home Pay

The amount of income left after deductions like taxes and social security contributions are subtracted from the gross salary.

Federal Income Tax

The tax levied by the U.S. government on the annual earnings of individuals, corporations, trusts, and other legal entities.