Question

Close to 70 percent of the value of any given requirement is established during: Select one: a. delivery and inventory manage

0 0
Add a comment Improve this question Transcribed image text
Answer #1

D. Recognition and description of needs

Need recognition refers as process of discovering the buyer's requirements and this is the stage of buyer's decision process. Need recognition is process of problems identification and know the how the product value to the customers. Design engineer, finance Accounting department, operation department , supply and purchase department work together for recognition and description of needs. All the department expert can represent the their point of views and it's add the advantages. Description of needs that motivate and self esteem the human behavior.

Add a comment
Know the answer?
Add Answer to:
Close to 70 percent of the value of any given requirement is established during: Select one:...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Covers Module 1 and Module 2 Materials > Question 11 If we reduce costs by reducing...

    Covers Module 1 and Module 2 Materials > Question 11 If we reduce costs by reducing product quality inspections in a trade-off, we might reduce product E 1 B - I VAA 2 vo SG I T T 12pt 1 - 1 x x, Paragraph E - Ⓡ Covers: Module 1 and Module 2 Materials Question 13 Close to 70 percent of the value of any given requirement is established during: Supplier evaluation and selection. Price negotiations. Identification of potential...

  • 10. Wanda Lux must select a supplier for a plastic bottle and proprietary dispenser for its...

    10. Wanda Lux must select a supplier for a plastic bottle and proprietary dispenser for its new hair shampoo. Three suppliers have placed bids; at Wanda's request, all bids are for a shipping quantity (Q) of 20,000 bottles with annual requirements (D) of 40,000 units. Wanda's factory operates 250 days a year. The following table shows each supplier's price, estimated annual freight costs, and current lead times; management has added estimates for holding costs and administrative oversight costs for each...

  • During ERP simulation game, 1. (4 points) John ran MRP and then created Purchase Order. Why does he need to run MRP first? In other words, what are roles of MRP? (50-70 words) (8 points) After...

    During ERP simulation game, 1. (4 points) John ran MRP and then created Purchase Order. Why does he need to run MRP first? In other words, what are roles of MRP? (50-70 words) (8 points) After running MRP and creating Purchase Order, John received the message like "No suitable purchase requisitions found". The capacity of supplier is big enough and delivery is fine. He waited for a few of days and tried it again. But, he got the same message....

  • Technovation, Inc., is a major Tier 1 supplier of electrical and electronic parts, with operations in...

    Technovation, Inc., is a major Tier 1 supplier of electrical and electronic parts, with operations in more than 80 countries around the globe. It supplies the parts to Original Equipment Manufacturers (OEMs) in a wide range of industries, including; automotive, aerospace, healthcare, and electronics manufacturing. In the recent past, it has experienced significant growth due to several new contracts received. The company is in the process of identifying suppliers for a critical component that goes into the product it makes....

  • supplier? Your company assembles five different models of a motor scooter that is sold in specialty...

    supplier? Your company assembles five different models of a motor scooter that is sold in specialty 2 stores in the United States. The company uses the same engine for all five models. You have been given the assignment of choosing a supplier for these engines for the coming year. Due to the size of your warehouse and other administrative restrictions, you must order the engines in lot sizes of 1,000 each. Because of the unique characteristics of the engine, special...

  • need help for solve multiple choice question... 1.The employee summary report option shows Select one: a....

    need help for solve multiple choice question... 1.The employee summary report option shows Select one: a. earnings and deductions from a paycheque b. all information entered in employee records c. wage or salary amounts d. all year-to-date totals 2.In the process of correcting a wrong employee error all but one is used – Select one: a. prepare a new entry for the correct employee b. one should remember to recalculate the taxes c. open the adjust cheque window for the...

  • Requirement: Complete the various budget schedules using Excel. Submit one hard copy per group and email me your Excel s...

    Requirement: Complete the various budget schedules using Excel. Submit one hard copy per group and email me your Excel spreadsheet. In Excel use formulas wherever possible. Avoid “hard coding” because I will test the flexibility of your spread sheet by changing certain cells such as sales. To be discussed further in class as well. The Distribution Center of 123 Oil and Gas Company wants a master budget for the next three months, beginning January 1st. It desires an ending minimum...

  • On January 1, 2016, Monica Company acquired 70 percent of Young Company's outstanding common stock for...

    On January 1, 2016, Monica Company acquired 70 percent of Young Company's outstanding common stock for $672,000. The fair value of the noncontrolling interest at the acquisition date was $288,000. Young reported stockholders' equity accounts on that date as follows Common stock-$10 par value Additional paid-in capital Retained earnings 300,000 60,000 480,000 In establishing the acquisition value, Monica appraised Young's assets and ascertained that the accounting records undervalued a building (with a five-year remaining life) by $60,000. Any remaining excess...

  • this is requirement one this is requirement 2 this is requirement 3 this is requirement 4...

    this is requirement one this is requirement 2 this is requirement 3 this is requirement 4 please answer all that you can. i really need help 1 2 Knockoffs Unlimited, a nationwide distributor of low-cost imitation designer necklaces, has an exclusive franchise on the distribution of the necklaces, and sales have grown so rapidly over the past few years that it has become necessary to add new members to the management team. To date, the company's budgeting practices have been...

  • i dont have anyore info to provdie AT&T LTE е 70% 9:32 PM 을 webassign.net The total cost C for a manufacturer during a given time period is a function of the number N of items produced duri...

    i dont have anyore info to provdie AT&T LTE е 70% 9:32 PM 을 webassign.net The total cost C for a manufacturer during a given time period is a function of the number N of items produced during that period. (In this exercise, we measure all monetary values in dollars.) To determine a formula for the total cost, we need to know the manufacturer's fixed costs (covering such things as plant maintenance and insurance) as well as the cost for...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT