Which Material Management Process Stores Incoming Materials for Production and Finished

question 71

Multiple Choice

Which material management process stores incoming materials for production and finished goods for distribution?

• A) Warehousing
• B) Lean production
• C) Transportation
• D) Purchasing
• E) Supply chain

Identify the role of sales and operations planning (S&OP) in aligning organizational functions.

Understand the types of demand (dependent and independent) and their influence on the supply chain.

Grasp the strategies for balancing supply and demand in manufacturing.

Distinguish between internal and external balancing methods.

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Definitions:

Need-Satisfying Benefits

Need-satisfying benefits are aspects of a product or service that fulfill explicit or implicit needs of the consumer, contributing to its perceived value.

Distribution Outlets

Points of sale or channels through which products are made available to customers.

Need-Satisfying Benefits

The advantages or positive outcomes that a product or service provides to fulfill the specific needs of a customer.

Information Overload

The state of being overwhelmed by the vast amount of information available, making it difficult to make decisions or focus effectively.