Commonly Employed Forms of Supply Chain Structural Improvement Include All

question 19

Multiple Choice

Commonly employed forms of supply chain structural improvement include all of the following EXCEPT

• A) longer-term contracts.
• B) forward and backward integration.
• C) major process simplification.
• D) major product simplification.

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Definitions:

Inventory Turnover Ratios

A financial metric indicating the number of times a company’s inventory is sold and replaced over a specified period, critical for evaluating inventory efficiency.

Quick Ratios

A financial metric used to gauge a company's liquidity by comparing its most liquid assets, without inventory, to its current liabilities.

Current Ratios

A financial metric used to measure a company's ability to pay its short-term obligations with its current assets.

Days To Sell

An estimate of the average number of days it takes for a company to sell its inventory.