FIFO is the inventory costing method that follows the physical flow of the goods
Indicate whether the statement is true or false
True
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Which of the following is an example of an external stakeholder for the department store chain Macy’s?
a. A member of the Macy’s board of directors. b. A customer who purchases a mattress at Macy’s. c. A sales associate at Macy’s. d. Owners of Macy’s stock. e. The CEO of Macy’s.
Which of the following is NOT an opportunity for effective management in the supply chain?
A) accurate "pull" data B) vendor-managed inventory C) postponement D) local optimization E) CPFR
The just-in-time management system results in an increase in the costs to buy, store, insure, and move inventory
Indicate whether the statement is true or false