Asked by Matthew Pereira on Jun 03, 2024
Verified
All raw materials,work in process,and finished goods within a supply chain are known as
A) facilities.
B) inventory.
C) transportation.
D) information.
Finished Goods
Products that have completed the manufacturing process and are ready to be sold to customers.
Raw Materials
The basic substances or components that are processed or combined to manufacture finished goods.
Work in Process
Inventory that includes all items that are currently being manufactured but are not yet completed products.
- Differentiate among the assortment of inventory types and comprehend their significance within supply chain frameworks.
Verified Answer
PG
paromita ghoshJun 09, 2024
Final Answer :
B
Explanation :
Raw materials, work in process, and finished goods are all types of inventory within a supply chain. Facilities refer to the physical locations where goods are produced or stored, transportation refers to the movement of goods between locations, and information refers to the data exchanged between supply chain partners.
Learning Objectives
- Differentiate among the assortment of inventory types and comprehend their significance within supply chain frameworks.
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