________ describes the coordination of all supply chain activities, starting with raw materials and ending with a satisfied customer

The margin of safety ratio

a. is computed as actual sales divided by break-even sales. b. indicates what percent decline in sales could be sustained before the company would operate at a loss. c. measures the ratio of fixed costs to variable costs. d. is used to determine the break-even point.

Which of the following is true of goods?

a. They can be produced in a centralized location and be consumed in decentralized locations. b. They tend to be less tangible than services. c. They need to be produced, sold, and consumed at the same time as they are highly perishable. d. They tend to be less standardized and uniform than services.