The Skillful Supply Chain Manager Declared She Would Not Only

question 38

Multiple Choice

The skillful supply chain manager declared she would not only disaggregate cycle inventory,but she would also aggregate safety inventory and use an inexpensive mode of transportation for replenishing cycle inventory and fast mode when using safety inventory for her product that had

• A)high value and high demand.
• B)high value and low demand.
• C)low value and high demand.
• D)low value and low demand.

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Definitions:

Risk Of Loss

The liability or potential for losing value or possession of goods, often considered in transactions and agreements.

Simple Delivery Contract

A basic agreement where the delivery of a good or service completes the transaction without the need for further obligations from either party.

Possession

The state of having control over something or someone, legally indicating ownership or the right to use.

Conditional Sales Contract

A type of contract in which the sale itself is contingent on approval; can be either a sale-on-approval contract or a sale-or-return contract.