Management Issues Such as What Items to Buy,when to Buy

question 59

Multiple Choice

Management issues such as what items to buy,when to buy them,from whom to buy,how much to buy at one time,and how much to pay,are captured by what systems?

• A)expediting systems
• B)intelligent information systems
• C)linear programming systems
• D)purchasing discount systems

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Definitions:

Maintenance Fees

Charges incurred for the upkeep or repair of property, equipment, or software to ensure operational efficiency and longevity.

Advertising Expense

The cost associated with promoting a business, product, or service, including media buys, production costs, and agency fees.

Service Department Expenses

Costs associated with the departments that do not directly generate revenue but support other departments that do.

Indirect Factory Expenses

Costs associated with manufacturing that are not directly tied to the product, such as maintenance or factory utilities.