Which of the Following Factors Is Not of Key Importance

question 73

Multiple Choice

Which of the following factors is not of key importance when selecting inventory suppliers?

• A)product price
• B)vendor corporate structure
• C)product quality
• D)vendor delivery dependability

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Definitions:

Variable Costs

Costs that change in proportion to the level of goods or services that a business produces.

Average Total Cost

represents the per-unit total cost of production, calculated by dividing the total cost by the quantity of output produced.

Variable Cost

Costs that change in proportion to the level of production or sales volume.

Total Cost

The sum of all expenses, both fixed and variable, involved in producing a good or providing a service.