A Supply Chain

question 104

Multiple Choice

A supply chain

• A) focuses on making services available whereas a channel of distribution focuses on making goods available.
• B) may involve many firms, but only one manufacturer.
• C) includes all the activities involved in procuring materials, transforming them into products, and distributing them to customers.
• D) is easier to coordinate than a channel of distribution.
• E) none of these alternatives about a supply chain is correct.

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Definitions:

Solver

In mathematics and computing, a solver is an algorithm or program that finds the solution to a problem or equation.

Number of Hours

A quantitative measure indicating the total amount of time expressed in hours.

Monthly Profit

The financial gain or loss realized from business operations and transactions over the course of a month.

Nonbinding Constraint

A constraint in an optimization problem that does not impact the feasible region of the solution because the optimal solution lies elsewhere.