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Bumek [7]
3 years ago
5

Supply chain management:is based on the concept of just-in-timefocuses on removing scheduling bottlenecks within the companyfocu

ses on the internal routing of products from raw materials to finished goodsis a complex computerized system for managing resources efficientlyis accurately described by none of the above
Business
1 answer:
Furkat [3]3 years ago
8 0

Answer:

is based on the concept of just-in-time.

Explanation:

Supply chain management can be defined as the effective and efficient management of the flow of goods and services as well as all of the production processes involved in the transformation of raw materials into finished products that meet the insatiable want and need of the consumers.

Generally, the supply chain management involves all the activities associated with planning, execution and supply of finished goods and services from the manufacturers to the consumers.

Additionally, all businesses tend to use supply chain management to eliminate waste and maximize value for growth and development.

Hence, supply chain management is based on the concept of just-in-time (JIT) because it is a management framework that is focused on cutting manufacturing costs while increasing efficiency between suppliers and consumers through the use of a proper inventory system.

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A variable identified as nominal is one that is measured in current dollars. Using the data​ above, calculate the​ following: ​(
vaieri [72.5K]

Nominal GDP and Real GDP are described below

Explanation:

The nominal value of a good is its value in terms of money. The real value is its value in terms of some other good, service, or bundle of goods.

Examples:

Nominal: That CD costs $18. Japan’s science and technology spending is about 3 trillion yen per year.

Real: A year of college costs about the value of a Toyota Camry. Those tickets to see Van Halen cost me three weeks’ worth of food!

2.Nominal GDP is the market value of goods and services produced in an economy, unadjusted for inflation. Real GDP is nominal GDP, adjusted for inflation to reflect changes in real output. Trends in the GDP deflator are similar to changes in the Consumer Price Index, which is a different way of measuring inflation.

3.. Therefore, nominal GDP will include all of the changes in market prices that have occurred during the current year due to inflation or deflation. ... In order to abstract from changes in the overall price level, another measure of GDP called real GDP is often used.

4.The main difference between nominal GDP and real GDP is the adjustment for inflation. Since nominal GDP is calculated using current prices it does not require any adjustments for inflation. This makes comparisons from quarter to quarter and year to year much simpler to calculate and analyze.

5.Real Gross Domestic Product or real GDP is a measure of the value of economic output like inflation or deflation of prices . Nominal GDP on the other hand is a figure which has not been adjusted for any inflation.

5 0
3 years ago
Which of the following are characteristic s of customs and usage?
GaryK [48]

Answer:

primary source of law, oral, and repetitive

Explanation:

In legal terms, custom and usage is a doctrine widely used in commercial law, since they are a long established practice which many courts consider unwritten laws. Laws are formal and always written, but custom and usage is not formal nor written.

Usage refers to the general repetition of a certain act, while custom refers to the rules that result from such repetitions and usage.

5 0
3 years ago
A brand new business-to-business purchase that is complex or risky and that requires extensive decision making is called:_______
Marta_Voda [28]

A brand new enterprise-to-business buy this is complex or risky and that requires sizeable decision-making is called: New venture buy.

A brand is a call, term, layout, symbol, or any other function that distinguishes one dealer's top or carrier from the ones of different dealers. certainly put, your emblem is your promise to your client. It tells them what they could count on from your products and services, and it differentiates your providing from that of your competition. Your logo is derived from who you're, who you want to be, and who humans understand you to be.

A corporation's brand is its identity, and it's miles one of the most valued parts of the business. The emblem is what consumers apprehend and competition worry about. company branding is an essential part of marketing an organization's products.

A brand is an intangible advertising or business idea that facilitates humans to pick out a business enterprise, product, or character. people often confuse brands with things like logos, slogans, or other recognizable marks, which are advertising tools that assist promote items and offerings.

Learn more about the brand here: brainly.com/question/25754149

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4 0
1 year ago
In which of these instances is demand said to be perfectly inelastic?
Murljashka [212]

Answer:

b. A decrease in price of 2% causes an increase in quantity demanded of 0%.

Explanation:

By definition, the demand is said to be <em>perfectly inelastic</em> when no matter how much the price of a good changes, you will still be consuming the same exact amount as you did before the price changed.

Keeping this in mind, we know that the price may increase or decrease in 2%, but the demanded quantity will not have any change at all (people won't consume less or more).

So, now we know that the correct answer is <em>b, </em>because a decrease in price of 2% causes an increase in quantity demanded of 0% - in other words, people's purchase decision weren't influenced by the change in the price.

5 0
3 years ago
2. What does AOC stand for?
Mice21 [21]

Answer:

The answer is D. Area of Concentration

Explanation:

Area of concentration (AOC) must be listed along with a skill identifier (if applicable) and listed as the primary specialty.

4 0
2 years ago
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