The Evaluation of All Work Activities,materials Flows,and Paperwork to Determine

question 70

Multiple Choice

The evaluation of all work activities,materials flows,and paperwork to determine the value that they add for customers is

• A) value-added analysis.
• B) quality/cost studies.
• C) statistical process control.
• D) getting closer to the customer.
• E) benchmarking.

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Definitions:

Supply And Demand

A fundamental economic model that explains how the price and quantity of goods and services are determined by the market based on their supply and buyer demand.

Transportation Economies

The cost-saving benefits achieved through efficient management of transportation activities, often through scale or optimized routing.

High-Quality Personnel

Individuals within an organization who are highly skilled, knowledgeable, and capable, contributing significantly to its success.

DC Operations

Activities involved in the day-to-day functioning of a Distribution Center, including goods receipt, storage, packaging, and shipping.