Design for Supply Chain Is ______

question 22

Multiple Choice

Design for supply chain is ______.

• A)the process of designing a product so that it matches up well with the capabilities of a firm's supply chain members
• B)the process of designing the supply chain so that it is capable of producing inputs to the primary firm
• C)the process of designing the product so that it can be easily transported through the supply chain
• D)the process of locating the firm so that suppliers are located close to the firm

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Definitions:

Planning Budget

A forecast of income and expenditures over a specific future period, typically used for managing financial resources and setting financial goals.

Client-Visits

Instances where a company's representatives meet with clients or potential clients, often to discuss business, maintain relationships, or sell products and services.

Net Operating Income

The profit generated from a company's operational activities, excluding non-operational revenues and expenses.

Flexible Budget

An evolving budget that adjusts to differences in volume or the degree of activity.