____ Is the Process of Collecting Historical Data by Commodity,relative

question 62

Multiple Choice

____ is the process of collecting historical data by commodity,relative to demand from lines of business,with the exception of personnel expenses,occupancy,and corporate spend.

• A) Demand management
• B) Supply analysis
• C) Category management
• D) Contract management
• E) Spend analysis

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Definitions:

Inventory Turnover

A measure of how many times a company's inventory is sold and replaced over a period.

Dividends

Funds disbursed by a company to its stockholders, typically as a share of earnings.

Market Price

The present cost at which a service or asset is available for purchase or sale in the marketplace.

Average Collection Period

The typical duration a business must wait to collect payments from its customers for goods or services sold on a credit basis.