Supply chain network design decisions classified as facility location are concerned with
A) what processes are performed at each facility.
B) where facilities should be located.
C) how much capacity should be allocated to each facility.
D) what markets each facility should serve and which supply sources should feed each facility.
Answer: B
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A large, expensive home is constructed in an area consisting entirely of much smaller and less valuable homes. Even before the larger home is sold by the developer, it has probably suffered a loss in value due to:
A. deferred maintenance B. physical deterioration C. functional obsolescence D. economic (or external) obsolescence
Logic teach Inc, a software manufacturing firm, specializes in inventory management and billing software for supermarkets and hotels
The product has a price of $500, acquisition cost of $100, installation cost of $300, and usage and maintenance cost of $300. What is the life-cycle cost of Logic Tech's inventory management software? A) $1,200 B) $300 C) $600 D) $1,000 E) $500