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Komok [63]
3 years ago
14

Which of the following represents procurement as part of the support value activities in a value chain​ analysis?

Business
1 answer:
ArbitrLikvidat [17]3 years ago
8 0

Answer:

E. Purchasing inputs such as raw materials, resources, equipment and supplies

Explanation:

In business, <u>Procurement</u><u> </u>is the process of acquiring goods/services in order to support operational activities.

It includes all the aspects related to a purchase: price ( estimates, biddings ) , payment terms, good specifications, quality, delivery, volumes, etc.

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Lion Industries required production for June is 132,000 units. To make one unit of finished product, three pounds of direct mate
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Answer:

Raw materials to be Purchased 426,000

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Raw materials production needs  396,000 (A)

Desired Ending Inventory             330,000  (B)

Total needs                                    726,000   (C) (A+B)

Beginning Inventory                    (300,000)  (D)

Raw materials to be Purchased 426,000

(A)

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each units required 3 pounds of raw materials per unit

so we multiply to get how many are required for production

(B) the desired inventory are additional units we need to purchase

(D) the beginning inventory are units we already have on inventory, decreasing our purchase needs.

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