Which of the Following Goals Is Not an Example of an Operations

question 17

Multiple Choice

Which of the following goals is not an example of an operations process goal of the typical OE/S process?

• A) to provide timely responses to customer inquiries
• B) to provide timely acknowledgements of customer orders
• C) to provide timely updates to general ledger accounts
• D) to provide timely shipments of goods to customers

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Definitions:

Carrying Costs

Expenses associated with holding or storing inventory, including insurance, storage, depreciation, and opportunity costs.

Seasonal Increases

Periodic rises in business activity or demand that occur at the same time each year due to changes in season.

Accounts Receivable Period

The accounts receivable period is the average number of days it takes a company to collect payments owed by its customers.

Operating Cycle

The period of time between the acquisition of goods for production and the cash received from their sale.