Which of the Following Is True with Regard to Operations

question 2

Multiple Choice

Which of the following is true with regard to operations interfaces in a product supply chain?

• A)Operations interfaces refer to the interrelationships between the primary firm and its first-tier and second-tier suppliers.
• B)The interfaces include upstream,downstream,and vertical interfaces.
• C)Downstream interfaces refer to supplier management.
• D)Upstream interfaces refer to customer management.

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Definitions:

Expected Value Criterion

A decision-making approach based on the weighted average of all possible outcomes, with each outcome's weight being its probability of occurrence.

Variable Cost

Costs that change in proportion to the level of activity or volume of production, such as materials and labor costs.

Setup Cost

The cost to prepare a machine or process for production.