Question: 1. The cost to prepare a machine or process for production to a different product is called? Group of answer choices Setup Cost Order Cost

1. The cost to prepare a machine or process for production to a different product is called?

Group of answer choices

Setup Cost

Order Cost

Setup Time

Holding Cost

2. Which of the following statements about supply chain metrics is INCORRECT?

Group of answer choices

The lower the inventory Turnover metric the better

Supply chain metrics use quarterly or annual balance sheet data

The lower the inventory as % of assets the better

The lower the weeks of supply metric the better

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