Figure 8-2 Asian Lamp Company Manufactures Lamps

question 48

Multiple Choice

Figure 8-2 Asian Lamp Company manufactures lamps. The estimated number of lamp sales for the last three months of 2014 are as follows:
Finished goods inventory at the end of September was 3,000 units. Ending finished goods inventory is budgeted to equal 25 percent of the next month's sales. Asian Lamp expects to sell the lamps for $25 each. January 2014 sales is projected at 16,000 lamps.
Refer to Figure 8-2. How many lamps should be produced in November?

• A) 11,000 lamps
• B) 10,500 lamps
• C) 14,000 lamps
• D) 13,750 lamps

Define and differentiate between outsourcing and other supply chain concepts.

Describe the significance of transportation management in supply chains.

Recognize the importance of performance measurement in supply chain management.

Understand the complex nature of supply chains and the factors contributing to their complexity.

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Definitions:

Telepresence

Technology that allows a person to feel as if they are present, to give the appearance of being present, or to have an effect, at a location other than their own.

Team Meeting

A gathering of team members to coordinate actions, share updates, and strategize on projects, essentially a synonym for Group Meetings.

Setting Up

The process of establishing or arranging something to be ready for use.

Female Orgasmic Disorder

A sexual dysfunction characterized by difficulty experiencing an orgasm after ample sexual stimulation.