Lopez Company purchased goods with the following terms and details: Sales price, $8,000 Terms, 5/10, n/30 Date of sale, July 1 Date of payment, July 11 Returns and allowances (before payment), $400 Shipping, FOB Destination, $335, prepaid by seller Required: Compute the amount that Lopez Company has to pay to the seller for the goods.

answer; possession utility;

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

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