A Market-Responsive Supply Chain Should Most Likely ________

question 40

Multiple Choice

A market-responsive supply chain should most likely ________.

• A) cut transportation, holding inventory, and manufacturing costs
• B) design products in modules to delay final production
• C) manufacture goods at a high-capacity utilization rate
• D) keep lead times as long as possible
• E) seek low-cost suppliers

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Definitions:

Profit Margin

A profitability ratio calculated as net income divided by revenue, showing the percentage of profit made from sales.

Income From Operations

The profit realized from a business's operational activities, calculated before taxes and interest are deducted.

Profit Margin

A financial metric that measures the percentage of revenue remaining after all expenses, taxes, and costs have been deducted.

Return On Investment

A performance measure used to evaluate the efficiency or profitability of an investment, calculated by dividing net profit by the cost of the investment.