Which of the Following Is Not a Supply Chain Cost

question 10

Multiple Choice

Which of the following is not a supply chain cost based on the TCO?

• A) Manufacturing
• B) Warranty
• C) Customer service
• D) Supplier selection/relationships
• E) Global sourcing

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Definitions:

Technology

The application of scientific knowledge for practical purposes, especially in industry and improving human life.

Automobiles

Motor vehicles with four wheels designed to transport people on roads; their availability, culture, and economics significantly impact society.

Comparative Advantage

The ability of an entity to produce goods or services at a lower opportunity cost than others, leading to more efficient trade and production.

Absolute Advantage

Absolute advantage refers to an individual's, firm's, or country's ability to produce more of a good or service than competitors, using the same amount of resources.