A firm has DIO = 40 days, DSO = 30 days, and DPO = 50 days. It is considering two policies:

Policy 1: reduce inventory by 10 days through better forecasting. 

Policy 2: increase payment delay to suppliers by 10 days through buyer power.

Which statement is most consistent with the lecture?

A buyer negotiates an extension of supplier payment terms from 30 days to 60 days, while inventory and customer payment remain unchanged. According to the lecture, which statement is MOST accurate?

The figure below shows two positions in the product–process space, where the horizontal axis represents variety, and the vertical axis represents cost efficiency.

(H: High – L: Low)

Which of the following options correctly matches an operation type to Point A and Point B, respectively?