Jim’s Restaurant struggles with low demand during off-peak times of the day. To encourage customers to visit during off-peak times, the restaurant has implemented discounts during those times. Doing this is an example of which of the eight key supply chain processes?
a. Demand management
b. Customer relationship management
c. Order fulfillment
d. Customer service management
a. Demand management
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The documents in a voucher packet include all of the following except
a. a check b. a purchase order c. a receiving report d. a supplier's invoice
Accelerated methods of depreciation result in lower net income in the last years of an asset's life compared to the straight-line method
Indicate whether the statement is true or false
In the business market, wheat and lumber are examples of ________
A) components B) equipment C) processed materials D) MRO products E) raw materials
If a business is considering the option of processing its product further, it ignores the ________.
A) additional costs necessary to process further B) additional revenue that can be earned if processed further C) cost that is required to produce the basic product before processing further D) fact that additional processing will produce any environmental toxins