Figure 9-8

question 156

Multiple Choice

Figure 9-8.On the diagram below,Q represents the quantity of cars and P represents the price of cars.
-Refer to Figure 9-8.When the country for which the figure is drawn allows international trade in cars,

• A)consumer surplus increases by the area B.
• B)producer surplus decreases by the area B + D.
• C)total surplus increases by the area D.
• D)All of the above are correct.

Identify the different types of inventory and their purposes within the supply chain.

Understand the role and types of facilities within the supply chain.

Grasp the concept of strategic fit between customer needs and supply chain responsiveness and efficiency.

Recognize the impact of transportation decisions on the supply chain's efficiency and structure.

---

Definitions:

Technical Problems

Issues related to the knowledge, tools, and techniques in the application of science and technology.

Informal Nature

The characteristic of activities or interactions that occur outside of formal structures and protocols, often spontaneous and unstructured.

External Source

Referring to information, resources, or inputs that come from outside the organization or individual's immediate environment.

Noise

Unwanted sound or disruption that interferes with the communication process, making it difficult for messages to be sent and received accurately.