What Is One of the Best Ways to Improve the Overall

question 81

Multiple Choice

What is one of the best ways to improve the overall efficiency and effectiveness of the receipt and storage of ordered items?

• A)requiring all suppliers to have the carrier verify quantities and item numbers before shipment
• B)requiring all suppliers to include RFID tags on their items
• C)requiring all suppliers to use EDI to expedite the receiving department function
• D)requiring all delivery trucks to have satellite data terminals to expedite the receiving department function

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Definitions:

Percentage

A proportion or share in relation to a whole, typically expressed as a fraction of 100.

Profit Margin

A financial metric used to assess a company's profitability by comparing net income to revenue.

Operating Income

The profit realized from a business's normal operations, calculated by subtracting operating expenses from gross profit.

Sales

The total amount of a company's revenues generated from goods or services provided to customers.