Which One of the Following Items Is Most Likely a Derived-Demand

question 44

Multiple Choice

Which one of the following items is most likely a derived-demand inventory item?

• A)cereal ready to be bagged and shipped to stores
• B)tires held in inventory by an auto maker
• C)shoes on display in a retail store
• D)toys ready to be shipped to toy stores
• E)wheat harvested by a farmer

Explain the concept of environmental complexity and its components.

Recognize the role of operations technology in organizational structure and performance.

Understand the structure and function of keiretsu in organizational networks.

Differentiate between various organizational technologies and their applications.

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Definitions:

Divisional Cost

Costs that are attributed to a specific division within a company, often used for measuring the division's performance and profitability.

WACC

A formula called the Weighted Average Cost of Capital computes the cost of capital for a business by assigning proportional weights to different capital categories.

Stock Market

A public market for buying, selling, and issuance of stocks of publicly held companies, facilitating equity investment and ownership.

Value

The economic worth of a good, service, asset, or company based on the benefits or returns it provides.