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The classification of a group of items in decreasing order of annual dollar volume (price multiplied by projected volume) or other criteria. This array is then split into three classes, called A, B, and C. The A group usually represents 10% to 20% by number of items and 50% to 70% by projected dollar volume. The next grouping, B, usually represents about 20% of the items and about 20% of the dollar volume. The C class contains 60% to 70% of the items and represents about 10% to 30% of t...

As you plan a manufactured product supply chain, what is considered the most crucial element? CORRECT ANSWER Component suppliers. without the base components required for the product, the rest of the suppl chain cannot operate as designed. The owner of a coal mine need power for the machinery that he uses to extract the coal. what is this and example of? CORRECT ANSWER Doubling back. When a raw material supplier ends up using a component that they produce in their own operations, it is an exa...

If a company reports a problem with its supply chain and pinpoints blame, which of the following groups, if blamed, will most likely result in the stock price being most punished by the market? - Answer- Customers A significant impact on the supply chain can be made by all of the following stake holders EXCEPT: - Answer- consumers Which of the following relationships has the maximum degree of independence of ownership and the minimum degree of integration? - Answer- ad hoc trading A...

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