Which of the Following Is the Best Description of the Operating

question 64

Multiple Choice

Which of the following is the best description of the operating cycle?

• A) The length of time that it takes to convert raw materials into inventory
• B) The length of time that it takes to convert raw materials into accounts receivable
• C) The length of time to acquire raw materials and receive payment for them when sold
• D) None of the options

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Definitions:

Merchandising Plans

Strategies developed by retailers to promote the sale of goods and services, including product selection, pricing, and display techniques.

Cross-Docking

Avoiding the placement of materials or supplies in storage by processing them as they are received for shipment.

Distribution Centers

Facilities that store and distribute products or goods to retailers or end consumers, playing a key role in the supply chain.

Layout Strategy

The plan and methodology behind organizing physical space, machinery, and operations in an efficient and productive manner in a facility.