An Interactive, Internet-Enabled System That Allows Individual Customers to Design

question 71

Multiple Choice

An interactive, Internet-enabled system that allows individual customers to design their own products by answering a few questions and choosing from a menu of product attributes, prices, and delivery options, is referred to as a

• A)wiki.
• B)cookie.
• C)choice board.
• D)bot.
• E)collaborative filter.

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Definitions:

Variable Manufacturing Overhead

Costs of manufacturing that vary with the level of production, such as utilities for the production facility and raw materials.

Cash Conversion Cycle

A metric that measures the time it takes for a company to convert its investments in inventory and other resources into cash flows from sales.

Days' Sales

A financial ratio that measures the average number of days it takes a company to convert its receivables into cash.

Payable Outstanding

The total amount of a company's obligations or debts that have not yet been paid to creditors, often referred to as accounts payable.