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By purchasing just the quantity of supplies that is needed, purchasing can
Operations
minimize inventory investment.
Mechanical hazard
Output
Chemical hazard
Bid analysis
6,000 units
Production
Which of the following terms is used to describe the major ongoing activities of a business?
Operations
minimize inventory investment.
Mechanical hazard
Output
Chemical hazard
Bid analysis
6,000 units
Production
Which of the following terms is used to describe the quantity, or amount, produced during a given time?
Operations
minimize inventory investment.
Mechanical hazard
Output
Chemical hazard
Bid analysis
6,000 units
Production
Comparing the prices offered by different vendors for the same goods and services is what part of the purchasing process?
Operations
minimize inventory investment.
Mechanical hazard
Output
Chemical hazard
Bid analysis
6,000 units
Production
In a factory, Jose operates a machine that applies 1000 pounds of pressure per square inch. If Jose loses a pinky finger because it got caught in the machine. What is the best way to describe the type of hazard that caused the injury?
Operations
minimize inventory investment.
Mechanical hazard
Output
Chemical hazard
Bid analysis
6,000 units
Production
She works at a factory that makes paint remover. The cabinet is out of face masks, so she worked for 4 hours before she was given a face mask, and had an asthma attack. What is the best way to describe the type of hazard that caused the injury?
Operations
minimize inventory investment.
Mechanical hazard
Output
Chemical hazard
Bid analysis
6,000 units
Production
Which of the following processes turns economic resources into goods and services:
Operations
minimize inventory investment.
Mechanical hazard
Output
Chemical hazard
Bid analysis
6,000 units
Production
ABC Ltd. is a retailer of footwear. They like to keep 5 days of safety stock. They normally sell 500 units of one brand daily. Its supplier takes a week to deliver the order. At what quantity should the inventory manager place his/her next order?
Operations
minimize inventory investment.
Mechanical hazard
Output
Chemical hazard
Bid analysis
6,000 units
Production
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