Intel Corporation Makes Computer Chips

question 114

Multiple Choice

Intel Corporation makes computer chips. Intel Corporation would be classified as a

• A) manufacturing company.
• B) merchandising company.
• C) service company.
• D) wholesale company.

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Definitions:

Holding Cost

The expenses associated with storing unsold goods, including warehousing, insurance, and depreciation.

Cycle Inventory

The portion of inventory that is replenished regularly based on the demand and supply cycle of the business.

Cycle Inventory

The quantity of inventory available to meet normal demand between shipments in a replenishment cycle.

Supply Chain

A network of organizations, people, activities, information, and resources involved in producing and delivering a product or service from supplier to customer.