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skad [1K]
2 years ago
6

Why is it important to control the supply chain? Multiple Choice Control of the supply chain influences the work processes and l

evels of performance through a set of accepted norms. Controlling the supply chain means it can be used to monitor employees and assess job satisfaction, engagement, and leadership. It is effective in ensuring that performance standards are being met. It increases employee commitment and workers taking responsibility for their performance. As a major cost center, it is important to pay attention to the sourcing, shipping, and warehousing.
Business
1 answer:
Monica [59]2 years ago
4 0

Answer:

It is important to control supply chain because:

  • Choice Control of the supply chain influences the work processes and levels of performance through a set of accepted norms.
  • It is effective in ensuring that performance standards are being met.
  • As a major cost center, it is important to pay attention to the sourcing, shipping, and warehousing.

Explanation:

Supply chain handles the of the flow of goods and services from producer to consumer.

Control of supply chain influences the work processes and increases competitiveness as well as customer satisfaction.

The controls put in place guarantees efficiency in the supply chain processes and allow firms to quickly deliver products to the end-user for a low cost.

Therefore, control of supply chain is important because:

  • Choice Control of the supply chain influences the work processes and levels of performance through a set of accepted norms.
  • It is effective in ensuring that performance standards are being met.
  • As a major cost center, it is important to pay attention to the sourcing, shipping, and warehousing.

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In a slow year, Deutsche Burgers will produce 2.8 million hamburgers at a total cost of $3.4 million. In a good year, it can pro
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the fixed cost is $1.72 million  

Explanation:

The computation of the fixed cost is shown below:

= Total cost - variable cost

= $3.4 million - ($4.6 million - $3.4 million) ÷ $3.4 million - $.1.2 million ÷ $2 million

= $3.4 million - 2.8 million × $0.60 million

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<u>In </u><u>microeconomics</u><u>, the term </u><u>monopoly</u><u>  is synonymous with decreasing returns of scale.</u>

When there are economies of scale in production?

As output increases, the long-run average total cost decreases. The total variable cost of creating five units of output is indicated by the Y-interval between the two curves in the diagram.

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Learn more about microeconomics

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