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IDIS 240 EXAM 3 EVAN VESTAL QUESTIONS WITH 100% CORRECT ANSWERS..

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IDIS 240 EXAM 3 EVAN VESTAL QUESTIONS WITH 100% CORRECT ANSWERS

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Value of a discount =


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( discount % ) / ( 100 % - discount % ) x ( 365 ) / ( total days - discount days )




DuPont Return on Investment


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ROI & Return on total assets




What does EBITDA stand for?

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Earnings before interest, taxes, depreciation, and amortization




What is freight allowed?


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Amount company will pay for shipping




Margin GM =


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Selling price - COGS - adjustments




Major Trends?


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-Increasing value of information
-Move towards mass customization
- Increase use of just-in-time inventory
-Reductions in the number of vendors




What are the different types of knowledge in distribution?

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Product, specifications, product applications, vendor, customer, financing,
logistical




What are special orders?


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Consists of standard products with slight modifications




What is contacting efficiency?


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Manufacturer to end user




What is an agent?


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The entity that performs the action




What is replinishment?


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