_____ Seeks to Improve Forecast Accuracy,optimize Production Scheduling,reduce Working Capital

question 24

Multiple Choice

_____ seeks to improve forecast accuracy,optimize production scheduling,reduce working capital costs,shorten cycle times,cut transportation costs,and improve customer service;while _____ helps obtain materials and manage physical flows from suppliers through downstream distribution to ensure that customers receive the right products at the right location,time,and cost.

• A)​RFID….GPS
• B)​Execution software….planning software
• C)​Customer service….inbound transportation
• D)​The process approach….cost management
• E)​Planning software….execution software

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Definitions:

APR

Annual Percentage Rate, encompassing the annual rate charged for borrowing or earned through an investment, inclusive of any fees or additional costs.

Dollar-Weighted Return

A measure of an investment's performance that takes into account the timing and amount of all cash inflows and outflows.

Geometric Average Return

The average rate of return on an investment that is calculated by multiplying n variables and then taking the n-th root of the product.

Arithmetic Average Return

The simple mean of a set of returns, calculated by summing the returns over a period and dividing by the number of periods.