A Simo Chart Includes

question 174

Multiple Choice

A simo chart includes:

• A)delay.
• B)storage.
• C)transportation.
• D)left/right hand movements.
• E)inspection.

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Definitions:

Cash Cycle

The duration between the initial cash outlay for the purchase of inventory and the collection of cash from customers from sales, essentially measuring the liquidity efficiency of a company.

Purchasing Inventory

The process of acquiring goods and materials that a business sells or uses in its production process, an essential component of supply chain management.

Fixed Asset Sale

The process of selling long-term assets, such as property, plant, and equipment, for cash or other compensation.

Cash Increase

A rise in the amount of cash and cash equivalents held by a business.