Explain the concept of postponement and provide an example of it
Postponement is the process of delaying product customization until the product is closer to the customer at the end of the supply chain. An example is a manufacturer of dishwashers that have different door styles and colors. A postponement strategy would be to manufacture the dishwasher without the door and maintain inventories of doors at the distribution centers. When orders arrive, the doors can be quickly attached and the unit can be shipped. This would reduce inventory requirements.
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If an auditee is not considered low-risk, what percent of federal funds expended are auditors required to express an opinion on?
A. 25%. B. 70%. C. 50%. D. 100%.
Putting theory into practice can be difficult if it is not executed properly. The best way to put theory into practice is to ______.
A. control what can happen and be able to explain it B. describe the problem and predict whether it will happen again or not C. describe the problem, predict the future, control the change and explain it D. describe the problem, predict the future, explain it, and decide whether you can control the change
No minimum amount of capitalization is necessary before a partnership may commence business
a. True b. False Indicate whether the statement is true or false
Referring to Gerald's Produce, what are Gerald's total cash outflows (disbursements) in February?
A) $2,500 B) $3,100 C) $7,500 D) $8,100 E) $10,600