Which of the Following Is NOT One of the Core

question 151

Multiple Choice

Which of the following is NOT one of the core decision areas that operations managers need to examine?

• A) Process design, layout, and execution
• B) Materials resource planning
• C) Materials management
• D) Facility design and layout
• E) Capital asset evaluation and acquisition

---

Definitions:

Net Sales

Net sales represent the revenue a company generates from its business activities, after subtracting returns, allowances for damaged goods, and discounts.

Gross Profit

The financial metric representing the difference between a company's net sales and the cost of goods sold, indicating the basic profitability of products.

Net Income

A company's financial gain after removing expenses and tax liabilities from its total revenue.

Gross Profit Rate

Gross profit expressed as a percentage, by dividing the amount of gross profit by net sales.