Getting the right goods to the right location at the right time for the least cost is known as

Related MCQs

• …………. refers to the process of having the right item in the right quantity at the right time at the right place for the right condition to the right customers
• The length of time for which sellers extend credit terms to buyers is known as ………….
• …………….. encompasses all activities associated with the flow and transformation of goods from the raw materialstage, through to the end user, as well as the associated information flows.
• Which of the following document is a contract between the owner of goods and carrier (as with domestic shipments)?
• Non destructive methods of inspecting and identify goods in transportation systems is called
• Which cost element is included in inventory holding?
• Which of the following is considered as fixed cost for supply chain costing?
• ………….. are meant to store products for moderate to long period of time
• The time difference between a business ordering and receiving stock is called the
• A systematic process for originating, developing and evaluating new product ideas is known as ………….