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    Operations Management
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    Exam 1: Introduction to Operations Management
  5. Question
    Value-Added Refers To
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Value-Added Refers To

Question 35

Question 35

Multiple Choice

Value-added refers to:


A) the cost of inputs.
B) the price of outputs.
C) the difference between cost of inputs and what customers are willing to pay.
D) the extra profit obtained from increased productivity.
E) all of the choices are correct.

Correct Answer:

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