Meridian Works for a Military Contractor That Designs High-Speed Computer

question 244

Multiple Choice

Meridian works for a military contractor that designs high-speed computer systems for military bases.Each contract with the military must be bid on by the contractors.The bid price is normally based on the cost to fill the contract plus profit.Meridian works with the producers and wholesalers of computer parts as well as the component-part suppliers,shipping companies,communication companies,and others in the supply chain.Her goal is to have parts supplied when needed,where needed,as needed,and then have completed units shipped immediately to the designated delivery point.If she can reduce the overhead of storing parts and completed units,the company will be able to submit lower bids,win more bids,and increase profits by increasing the number of contracts completed.Which of the following best states Meridian's ultimate goal for improving the supply-chain process?

• A) Create competitive advantage
• B) Reduce inefficiencies
• C) Reduce costs
• D) Reduce redundancies

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Definitions:

Skeletal Muscles

These are muscles attached to bones that are responsible for voluntary movements of the body.

Duodenum

First division of the small intestine; connects to the stomach.

Anterior Pituitary

The front portion of the pituitary gland that secretes hormones affecting growth, metabolism, and reproductive functions.

Adrenal Glands

Endocrine glands located above the kidneys that produce hormones such as adrenaline and cortisol, involved in stress responses.