Inventory is an important supply chain driver because changing inventory policies can dramatically alter the supply chain's efficiency and responsiveness

Budgeting software is often designed as a component of the company's Enterprise Resource Planning (ERP) system

Indicate whether the statement is true or false

The ________ model determines at what point in time cash outflow is recovered by the corresponding future cash inflow

A) NPV B) buyback C) net present value D) payback period