Multiple Choice
Which of the following statements is correct?
A) Benchmarking is the process of calculating carrying cost,EOQ and other inventory management procedures and being able to compare it to others.
B) Benchmarking is the process of identifying world-class processes or procedures currently being employed and building higher quality standards around these for your firm.
C) Benchmarking is the when a firm evaluates all its supply chain management for higher quality and price.
D) All of the above
Correct Answer:
Verified
Correct Answer:
Verified
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