The Supply Chain Includes a Variety of Firms,ranging from Those

question 55

Multiple Choice

The supply chain includes a variety of firms,ranging from those that process raw materials to make component parts to those engaged in wholesaling. Included also are organizations engaged in:

• A)warehousing.
• B)transportation.
• C)materials handling.
• D)all of the above.
• E)(a)and (b)only.

---

Definitions:

Direct Labor

The pay received by laborers who are directly contributing to the creation of products or the provision of services.

Factory Overhead

The indirect costs associated with manufacturing, including utilities, maintenance, and depreciation of manufacturing equipment.

Direct Materials

Costs of raw materials that are directly used in the manufacturing of a product and can be directly attributed to the goods being produced.

Direct Labor

The direct costs associated with workforce expenses related to manufacturing products or delivering services.