List the components of the logistics function in the supply chain.
What will be an ideal response?
(1) sourcing and procurement of raw materials and supplies
(2) production scheduling
(3) order processing
(4) inventory management and control
(5) warehousing and materials-handling
(6) transportation
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A business is operating at 90% of capacity and is currently purchasing a part used in its manufacturing operations for $15 per unit. The unit cost for the business to make the part is $20, including fixed costs, and $12, not including fixed costs. If 30,000 units of the part are normally purchased during the year but could be manufactured using unused capacity, what would be the amount of
differential cost increase or decrease from making the part rather than purchasing it? A) $150,000 cost increase B) $ 90,000 cost decrease C) $150,000 cost increase D) $ 90,000 cost increase
Sam's car was badly damaged after it accidentally caught fire. When he finds out that it cannot be repaired, he realizes that he has to buy a new car. Which stage of the consumer decision-making process does this represent?
a. Information search b. Postpurchase behavior c. Evaluation of alternatives d. Need recognition
The force majeure excuse becomes applicable in the event of a natural disaster
Indicate whether the statement is true or false
Like legal analyses, analyses of ethics have a central authority and follow clear-cut, universal standards
a. True b. False Indicate whether the statement is true or false