What Is the Average Time a Loaf of Sliced Bread

question 41

Multiple Choice

What is the average time a loaf of sliced bread stays in an urban sandwich shop if the restaurant uses 46 loaves per day, and they maintain an average inventory of 150 loaves?

• A)Less than one day
• B)More than one day but less than or equal to two days
• C)More than two days but less than or equal to three days
• D)More than three days

---

Definitions:

Economies of Scope

Cost advantages that a business experiences when it increases the variety of products or services it offers.

Customer Value Chain

A series of steps a company takes to deliver a product or service to the customer, focusing on adding value at each stage to meet customer needs.

Selling Products Globally

The process of marketing and distributing goods or services outside of the company's home country, often involving considerations of cultural differences, legal requirements, and logistics.

Multi-business-unit Companies

Organizations that operate across different industries or markets, managing a portfolio of businesses as separate units under one overarching corporate umbrella.