Which of the Following Workgroup Processes Is Related to Manufacturing

question 53

Multiple Choice

Which of the following workgroup processes is related to manufacturing?

• A)order entry and tracking
• B)finished goods inventory management
• C)product and brand management
• D)capacity planning and scheduling

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Definitions:

Economies of Scale

Cost advantages that enterprises obtain due to scale of operation, with cost per unit of output generally decreasing with increasing scale as fixed costs are spread out.

Responsiveness

The ability of a company or system to quickly and effectively respond to customer needs, changes in the market, or operational challenges.

Transportation Costs

Expenses associated with the movement of goods or materials from one location to another, including shipping, freight, and logistics costs.

Annual Inventory Cost

The total expenses associated with maintaining and managing inventory over the course of a year.