Which of the following statements about service resource planning is True?
A) The service analogy to the BOM in a manufacturing company is a bill of lading (BOL).
B) One resource that every service provider manages is cash.
C) There is no such thing as dependent demand in the service sector.
D) As services are completed, the accounts receivable decrease.

Question

Quizplus · Accepted Answer

One resource that every service provider manages is cash. Cash management is a critical aspect of service resource planning, as service providers often have to manage cash flow to ensure they have the resources they need to operate and to provide the services their customers need. While the other statements are related to service resource planning, they are not accurate. The service analogy to the BOM in a manufacturing company is a service bill of materials (SBOM), not a bill of lading. There is such a thing as dependent demand in the service sector, particularly for services that require the use of specific equipment, materials, or personnel. As services are completed, the accounts receivable may increase or decrease, depending on the terms of the service agreement and the payment schedule.

Which of the Following Statements About Service Resource Planning Is