Asked by Daniel Juarez on Jun 17, 2024
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A managerial lever to increase profitability is to decrease the salvage value of each unit.
Managerial Lever
Tools or mechanisms that managers can utilize to influence outcomes, adjust strategies, or steer organizational performance.
Salvage Value
An estimated resale value of an asset at the end of its useful life.
Profitability
The measure of a business's ability to generate earnings compared to its expenses and costs, determining its financial success and viability.
- Comprehend the significance and consequences of managerial tools on the profitability of the supply chain.
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Learning Objectives
- Comprehend the significance and consequences of managerial tools on the profitability of the supply chain.
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