Which of the Following Data Sources Would Be Considered External

question 123

Multiple Choice

Which of the following data sources would be considered external secondary data?

• A) U.S.Census data
• B) Syndicated data
• C) Newspaper articles
• D) Scanner data
• E) All of these

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Definitions:

Ordering Costs

Expenses associated with placing and receiving orders for goods or services, including administrative costs and transportation.

Statistical Safety Stock

The level of extra inventory a company holds to protect against uncertainties in demand or supply.

Standard Deviation

A statistical measure that quantifies the variation or dispersion of a set of data points relative to its mean.

Service Level

A measure of the quality and performance of a service, often reflecting the degree to which customer expectations are met.