The Allocation of Supply Sources and Markets to Facilities Has

question 57

True/False

The allocation of supply sources and markets to facilities has a significant impact on performance because it affects total production,inventory,and transportation costs incurred by the supply chain to satisfy customer demand.

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Definitions:

Utility

A measure of satisfaction, usefulness, or value derived from consuming goods and services.

Pleasure

A sense of joy, pleasure, or fulfillment that comes from participating in or experiencing an activity.

Satisfaction

The feeling of pleasure or contentment when needs, expectations, or desires are fulfilled.

Scarcity

The fundamental economic problem of having seemingly unlimited human wants and needs in a world of limited resources.