Procurement- Which of the following is not a type of supply budget? A. Capital B. Operating C. MRO D. Savings
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Procurement-
Which of the following is not a type of supply budget?
| A. |
Capital |
|
| B. |
Operating |
|
| C. |
MRO |
|
| D. |
Savings |
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- Why would "Just in Case" or standard inventory management methods be favoured rather than "Just in Time?"Consider a firm with an annual net income of $20 million, revenue of $60 million and cost of goods sold of $30 million. If the balance sheet amounts show $2 million of inventory and $500,000 of property, plant & equipment. a) What is the inventory turnover? b) How many weeks of supply does the firm hold?Give me answer within 45 min please I will give you upvote immediately its very urgent ...thankyou..
- A. By examining a supplier's capacity, technological resources, delivery strategies, and general business practices, you can ensure that they share your priorities, and can adjust their operations to your business' benefit. B. Efficient stock control ensures that capital is not tied up unnecessarily, and protects production if problems arises with the supply chain. A First statement is false, second is true. B First statement is true, second is false. Both True D Both FalseCorporations and public bodies often define procurement processes intended to promote fair and open competition for their business while minimizing risk, such as exposure to fraud and collusion. Select one: O 1. True O 2. False O 3. Both A and B O 4. All of the abovei need 3 below answer A commercial draft typically: Multiple Choice specifies the payment amount and payment date. specifies that the purchaser use the seller’s bank as the guarantor. requires payment prior to the delivery of the goods. is signed upon delivery of the goods. involves a lien on the purchasers’ current assets. For a JIT inventory system to be efficient, the: Multiple Choice inventory must have an independent demand. firm’s suppliers need to be able to deliver goods quickly upon order. managers must limit production each day to a set quantity. firm must be a reseller of goods, not a manufacturer. supplying firm must be a subsidiary of the ordering firm The EOQ model considers all of the following except the: Multiple Choice cost of the inventory. carrying cost. fixed cost of an order. restocking cost. annual sales units.
- 36 _______ refers to the ability of a supply chain to quickly adjust output to match market demand: Select one: a. Complexity b. Synchronization c. Agility d. PostponementExplain the benefits of a good inventory management in a organisation. In detail and do not use AI.Which of the following statements about supply chain metrics is Incorrect? a. The lower the weeks of supply metric the better B. The lower the inventory as % of assets the better C. The lower the Inventory turnover metric the better D. Supply Chain metrics use quarterly or annual balance sheet data. Please explain your answer so I can understand this concept properly. Thank you
- You are logistic manager in a manufacturing, in order to better balancing supply and demand, whatbasic information per costs has to concern when making inventory policy decisions? Please use exampleto illustrate your answer.Can you assist me with Question 12.15 . Please right out the steps it's easier to understand verses on the excel spreadsheet. If you do it in excel can you make it easy to follow along to. Thank you kindly.Payments to suppliers include payments for which of the following? A. Income taxes B. Inventory C. Employee compensation D. All of the above.