________ is a system of getting the right materials to the right place at the right time
A) Flexible manufacturing
B) Total quality management
C) Computer-assisted delivery
D) Materials requirement planning
Answer: D
Business
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Wyatt Oil purchases goods from its suppliers on terms 3/20 net 40. The effective annual cost to Wyatt if they do not take the discount and pay on day 50 is closest to:
A) 18% B) 45% C) 75% D) 82%
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