In the __________ Stage,an Organisation Has Marketing and Production Facilities

question 16

Multiple Choice

In the __________ stage,an organisation has marketing and production facilities located in many countries,and more than one third of its sales emanates from outside the home country.

• A) domestic
• B) international
• C) global
• D) multinational
• E) stateless

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Definitions:

Holding Costs

Holding costs are the expenses associated with storing inventory, including warehousing, insurance, depreciation, and opportunity costs.

MRP II

Manufacturing Resource Planning, an integrated method of operational planning and control, including aspects from production, inventory management to distribution.

Supply Chain

The network of manufacturers, suppliers, and logistics providers working together to produce and deliver goods to the end user.

Scheduling Functions

Tasks involved in the planning and allocation of resources over time to perform a collection of tasks efficiently.