A Manufacturing System Uses Sales Forecasts to Plan Production

question 95

Multiple Choice

A manufacturing system uses sales forecasts to plan production. It uses the production plan to determine raw material needs and then uses the material needs to schedule purchases. This ultimately leads to reduced inventory costs. Which of the following is being used to reduce the inventory cost?

• A) linkages
• B) margins
• C) competitive strategy
• D) support activities

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Definitions:

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The actual experiences and conditions of individuals' daily lives, as opposed to theoretical or imagined scenarios.

Cultural Sensitivity

The awareness, understanding, and respect of cultural differences and the impact they may have on interactions, behaviors, and practices.

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An educational approach that transcends the traditional boundaries of the self, focusing on holistic and spiritual aspects of learning and growth.

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