The Accounting Department at Synergy Hydroelectric Records an Average of 10,000

question 8

Multiple Choice

The accounting department at Synergy Hydroelectric records an average of 10,000 transactions per hour.By cost-benefit analysis,managers have concluded that the maximum acceptable loss of data in the event of a system failure is 40,000 transactions.The firm's recovery point objective is therefore

• A) 40,000 transactions
• B) 10,000 transactions
• C) 10 hours
• D) 4 hours

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Definitions:

Demand Uncertainty

The inability to accurately forecast consumer demand, leading to challenges in supply chain planning and inventory management.

Price Uncertainty

The unpredictability of the cost of goods or services in the future, affecting budgeting and planning.

Warehousing Space

The area available for the storage of goods in a warehouse, crucial for inventory management and logistics.

Supply Chain Design

The process of structuring a supply chain to meet the goals of cost, efficiency, delivery, and flexibility.