In the Supply Chain,___________________ Refers to Establishing a Network of Warehouses

question 21

Short Answer

In the supply chain,___________________ refers to establishing a network of warehouses for storing products,choosing carriers to deliver products to customers,and scheduling carrier pick-ups.

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Definitions:

Machine Hour

A unit of measure representing the operation of a machine for one hour, used in allocating manufacturing costs based on machine usage.

Plantwide Overhead Rate

A single rate used to allocate manufacturing overhead costs to all units produced, regardless of the product line.

Cost Driver

A factor that causes the cost of an activity or process to change, used in activity-based costing to allocate costs.

Dual Rate

A cost allocation method that separates costs into fixed and variable elements, applying different rates for each in costing calculations.