The Two Types of Decisions That Are Relevant to Supply

question 9

Multiple Choice

The two types of decisions that are relevant to supply chain management are:

• A) short- and long-term.
• B) domestic and international.
• C) location and layout.
• D) in-sourcing and outsourcing.
• E) tactical and operational.

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Definitions:

Upcoding

The fraudulent practice of using billing codes that indicate a more expensive service was performed than was actually provided, to increase reimbursement from Medicare or insurance.

Increased Revenue

An upward trend in the amount of money generated from the sales of goods or services within a company.

Serious Fines

Substantial monetary penalties imposed as punishment for severe violations of laws or regulations.

ICD-9-PCS

An abbreviation for the International Classification of Diseases, Ninth Revision, Procedure Coding System; a system used in the United States to classify medical procedures.