Which of the Following Is Not an Example of a Question

question 18

Multiple Choice

Which of the following is not an example of a question that should be asked when evaluating a supplier's production scheduling and control systems?

• A) Does the supplier use MRP to ensure the availability of required components?
• B) What lead time does the supplier's production scheduling and control system require?
• C) What is the supplier's on-time delivery performance history?
• D) Does the supplier's production scheduling system support a purchaser's JIT requirements?
• E) Does the supplier have CAD capability?

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Definitions:

Externalities

Unintended financial outcomes affecting individuals not directly engaged, potentially leading to good or bad impacts.

External Costs

Costs that are not borne by the producer or consumer of a good or service, but by society or the environment.

MSC (Marginal Social Cost)

The total cost to society of producing an additional unit of a good or service, including both the private costs and any external costs.

Efficient Level

Refers to the point at which a system, process, or economy operates at maximum productivity with minimal waste and expense.