Which of the Following Questions Can Procurement Help a Company

question 299

Multiple Choice

Which of the following questions can procurement help a company answer?

• A)What quantity of raw materials should we purchase to minimize spoilage?
• B)How can we guarantee that our raw materials meet production needs?
• C)At what price can we purchase materials to guarantee profitability?
• D)All of the above

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Definitions:

Evaporation

The process by which a liquid changes into a gas, typically below its boiling point, at the surface of the liquid.

Filtering

A process of separating solids from liquids or gases using a medium that allows only the fluid to pass through.

Sodium Chloride

A white crystalline substance commonly known as salt, comprised of sodium and chloride ions.

Compound

A substance made up of atoms of two or more different elements joined by chemical bonds.