What Is the Ability to View All Areas Up and Down

question 75

Multiple Choice

What is the ability to view all areas up and down the supply chain in real time?

• A) Bullwhip effect
• B) Demand planning software
• C) Supply chain visibility
• D) Supply chain execution software

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Definitions:

Volume Variance

A difference between actual and budgeted sales or production volumes, impacting costs and profitability.

Variable Component

Part of a cost or expense that varies with changes in activity level, production volume, or sales.

Fixed Component

The portion of a cost that remains constant regardless of the level of activity or output.

Overhead Efficiency

A measure of how effectively a business uses its overhead costs in the production process, often improving profit margins when increased.