The Objective in the Last Phase of the Supply Chain

question 14

Multiple Choice

The objective in the last phase of the supply chain design and facility location process is to ______.

• A)consider the availability of the necessary infrastructure
• B)determine the number of facilities needed for the supply chain
• C)come up with a final supply chain design that will maximize the profits for the company
• D)determine the role each facility would play in meeting the market requirements

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Definitions:

Comparative Balance Sheets

Financial statements that provide a side-by-side comparison of a company’s balance sheets for two or more periods, allowing for analysis of trends over time.

Retained Earnings

The portion of net income that is not distributed to shareholders but instead is reinvested in the business or used to pay off debt.

Net Income

Net income is the total earnings of a company after all expenses and taxes have been deducted from total revenue.

Dividends

Payments made to shareholders out of a corporation's earnings.