A ____ is a graphical tool that summarizes the chain of activities that contribute to a company's success, and so shows employees the "big picture" of how their performance contributes to achieving the company's overall strategic goals.

A multi-level bill of material:

I. reflects the way the product will be manufactured. II. is produced by the purchasing department. III. is a parts list only and does not contain subassemblies. A) Only I is true. B) Only II is true. C) Only III is true. D) I and II are true. E) I, II and III are true.

A firm has an average age of inventory of 60 days, an average collection period of 45 days, and an average payment period of 30 days. The firm's operating cycle is ________ days

A) 75 B) 105 C) 90 D) 135